R = 8%/year
Equation:
r = (1/t)(A/P - 1)
Calculation:
Solving our equation:
r = (1/2)((2320/2000) - 1) = 0.08
r = 0.08
Converting r decimal to R a percentage
R = 0.08 * 100 = 8%/year
The interest rate required to get a total amount, principal plus interest, of $2,320.00 from simple interest on a principal of $2,000.00 over 2 years is 8% per year.
Answer:
8
Step-by-step explanation:
4^3/2^3
(4^3)/(2^3)
- 4^3 = 64
- 2^3 = 8
64/8 = 8
Answer:
D
Step-by-step explanation:
1=9/12
1=3/4
if you want this
Answer:
23
Step-by-step explanation:
