If pablo invests $4,200 for 3 years and earns $630, what is the simple interest rate?
1 answer:
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-10.3 + y = 5.2
First, regroup the terms. / Your problem should look like:
Second, add 10.3 to both sides. / Your problem should look like:
Third, add 5.2 + 10.3 to get 15.5 / Your problem should look like:
Answer: y = 15.5 (D)
First, regroup the terms. / Your problem should look like:
Second, add 10.3 to both sides. / Your problem should look like:
Third, add 5.2 + 10.3 to get 15.5 / Your problem should look like:
Answer: y = 15.5 (D)