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blsea [12.9K]
4 years ago
8

After seven years, an initial investment of $600 earned $84. Find the interest rate.

Mathematics
2 answers:
Anit [1.1K]4 years ago
4 0
The simple answer is if you don't read into the question is. 84) divided by 7 which is 12%
Kaylis [27]4 years ago
3 0
If the interest rate never compounds, then the rate would be 84/600 = 14%
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Sam is opening a saving account with $1,500 she got for her birthday. It
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Answer:

9 years

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Simple interest for any amount p is given by

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bija089 [108]

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-2.61803398875, -0.38196601125

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In this case,

a = 4

b = 12

c = 4

You can solve with the equation x=(-b±√b²-4ac)/2a

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(-12±√144-64)/8

(-12±√80)/8

(-12±√2^4×5)/8

(-12±4√5)/8

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4 0
2 years ago
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