1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krok68 [10]
4 years ago
13

After 3 years, a $1,500 investment is worth $1,680. What is the interest rate on the investment?

Mathematics
2 answers:
kipiarov [429]4 years ago
7 0

Answer:

the rate of interest on the investment comes out to be 4%.

Step-by-step explanation:

time of investment   = 3 years

initial investment(P)  =  $1,500

Final Amount  =   $1,680

interest rate of the investment = ?

Amount = P + P R T

1680  =  1500  + 1500 × 3 × R

1680 -   1500  = 1500 × 3 × R

R = 180 / 4500

R = 0.04  

R = 4%

hence, the rate of interest on the investment comes out to be 4%.

agasfer [191]4 years ago
5 0

I=PRT

1680-1500 = 180 IS INTEREST

180=1500(3)R

180=4500R

DIVIDE BOTH SIDES BY 4500 TO FIND R

R=.04

R=4%

You might be interested in
In gym class students were asked to form six equal groups. If there were 18 students in each group, then how many total students
Contact [7]

Answer:108

Step-by-step explanation:

18 times 6 is 108

7 0
3 years ago
Round 8.36 to the nearest one decimal place
BartSMP [9]
8.4 because 6 would round up to 10 and 10+30 =40 for 8.40 or just 8.4
4 0
3 years ago
4-62. Find the area and perimeter of the<br> below shape.<br> 7.6 ft<br> 3 ft<br> 7 ft<br> 7 ft
stepladder [879]

Answer:

area= 59.5    perimeter=31.6

Step-by-step explanation:

the area of the square is 49 because 7x7=49 and the area of the triangle is 3x7/2 because it is half of a rectangle so it is 10.5 + 49 = 59.5 and perimeter you add all the sides so 3+7.6+7+7+7= 31.6

8 0
2 years ago
Which of the following is a factor of 2xy + 8y − 8x − 32?
muminat
You could start by eliminating wrong answer(s):

(a) 5 is definitely not a factor of the given <span>2xy + 8y − 8x − 32,

(d) x^2 - 4x + 16 (not x2 - 4x + 16) is not a factor (it has no y terms)

On the other hand:

(b) 2 definitely divides evenly into </span>2xy + 8y − 8x − 32:  2(<span>xy + 4y − 4x − 16)

(c) x + 4 divides evenly into both xy + 4y and -(4x + 16):
                                           We get 2(x +4) [y - 4]</span>
4 0
4 years ago
(06.02
BARSIC [14]

Answer:

The experimental probability is larger than the relative frequency.

Step-by-step explanation:

3 0
4 years ago
Other questions:
  • An airplane flew for 8 hours at an airspeed of x miles per hour (mph), and for 7 more hours at 325 mph. If the average airspeed
    9·1 answer
  • I need to know the answer asap
    9·1 answer
  • I need help with this problem​<br><br><br><br>will mark as brainliest
    7·1 answer
  • The Game Stop is having a sale and all games are reduced by 55%. If a game is now $29.99, what was the original price? Round you
    15·1 answer
  • State a reason why a number does not belong with the others. <br> 32 64<br> 81 144
    7·2 answers
  • there are 3 slices of pie left, and the angle measurement is 72 degrees, how many slices was the pie cut in to
    7·1 answer
  • What is 332.6 to two significant figures
    13·1 answer
  • The volume of a rectangular prism can be found by multiplying the base area, B, times the height. If the volume of the prism is
    13·1 answer
  • Find the zeros of the function; To the nearest Hundredth. PLEASE HELP
    5·1 answer
  • this theorem states that if each leg in a right triangle is congruent to a leg and another right triangle, then the two triangle
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!