Find the annual interest rate. I= $50 P= $625 t= 4 years

1 answer:

8 0

$50 = $625 (r)(4), so r = 50 / (4*625) = 0.02. This is 2% annually.

You might be interested in

ikadub [295]

Answer:

Step-by-step explanation:

8 0

2 years ago

Rudiy27

Answer:16

Step-by-step explanation:

8 0

2 years ago

Triss [41]

Answer:15.2

Step-by-step explanation:380/25

8 0

2 years ago

makkiz [27]

Answer:

33.33

Step-by-step explanation:

8 0

2 years ago

Licemer1 [7]

Answer: X=8

Step-by-step explanation:

168/6=28. x+20=28. 8+20=28.

6(8+20)=168

8 0

2 years ago