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
wariber [46]
3 years ago
14

An investment of $5000 earns $6000 simple interest in 12 years. Calculate the interest rate.

Mathematics
1 answer:
adoni [48]3 years ago
4 0

Answer:

10%

Step-by-step explanation:

To solve this problem we can use a modified version of the simple interest formula which is shown below:

r=\frac{I}{Pt}

<em>I = interest amount </em>

<em>P = principal amount </em>

<em>t = time (years) </em>

Lets plug in the values:

r=\frac{6000}{(5000)(12)}

r=0.1

The last step is to convert 0.1 into a percent:

0.1(100) = 10

The interest rate is 10%

You might be interested in
Homework I have to turn in on Monday please help
nasty-shy [4]

Answer:

If you're trynna simplify these are the answers:

4.) -116

5.) -13

Step-by-step explanation:

4.) −4((5)(4)+9)

=(−4)((5)(4)+9)

=(−4)((5)(4))+(−4)(9)

=−80−36

=−116

5.) 9+84−(6)(4)

=9+2−(6)(4)

=11−(6)(4)

=11-24

= -13

5 0
3 years ago
Read 2 more answers
a free tailed bat can fly 232 feet in 4 seconds. A hummingbird can fly 343 feet in 7 seconds. Which can fly fast and by how much
Katarina [22]

Step-by-step explanation:

First, we need to find the unit rate of each animal (how many feet each animal can fly in a second). We do this by dividing the number of feet flown by the number of time.

Bat: 232/4 = 58 ft per second
Hummingbird: 343/7 = 49 ft per second

Based off of this information, we can conclude that the bat can fly faster than the hummingbird.

7 0
2 years ago
Read 2 more answers
Piper saw a large box of ping pong balls with 48 balls in each layer
son4ous [18]
A.) 5 layers with 48 balls in each layer would equal 250 balls in the box
(5x48=250)
B.) 15 layers with 48 balls in each layer would equal 720
(15x48=720)
7 0
3 years ago
Read 2 more answers
Which of the following is an even function? A.f(x) =(x-1)^2 b. F(x)=8x c.f(x) =x^2-x d.f(x)=7
pentagon [3]

Answer:

Step-by-step explanation:

A.f(x) =(x-1)^2  is even because of that even exponent, 2.

b. F(x)=8x  is odd because x has the exponent 1.

c.f(x) =x^2-x   is neither even nor odd

d.f(x)=7    is even because the exponent is even:  7^0

4 0
3 years ago
The perimeter of the rectangle is 30 centimeters.What is the side of c
Dafna1 [17]

Answer:

Step-by-step explanation:

Emmm

8 0
3 years ago
Read 2 more answers
Other questions:
  • What is 3y^2 - 15y equal?
    7·1 answer
  • How much does one case cost
    11·1 answer
  • Find the distance by taking the absolute value of the difference of the two numbers -12 and 19
    15·1 answer
  • She bakes 4 batches of cookies in the morning and 4 batches of cookies in the evening. Each batch has 12 cookies. She fill the b
    9·2 answers
  • Select the approximate values of x that are solutions to f(x) = 0, where f(x) = -8x^2 + 8x + 5.
    12·1 answer
  • WILL GIVE BRAINLIEST! DO NOT COPY ANSWERS OFF INTERNET
    14·2 answers
  • Evaluate sine, cosine, and tangent for -5pie/6
    14·1 answer
  • Which
    10·1 answer
  • Confused on how to do this, care to help anyone?
    13·1 answer
  • Aliana is a certain age, and her mother is six times as old as her. In ten years'
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!