The answer is no solution
Answer:
Step-by-step explanation:
$3000 * 0.04 = $120
$100 * 0.02 = $20
total 2 accounts = $120 + $20 = $140
answer: $3000 was the originally deposited into the account that pays 4% interest.
Answer:
30
Step-by-step explanation:
As 1 percent is equal to 1/100
1/100 of 3000 (1/100 x 3000)
equals to...
30
Answer:
April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is given the principal and the time and the interest rate is . For this problem we have to find the interest rate given . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,
I= Prt
=> r= I/Pt
=> r= 60/600x5 = 1/50
The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.
Answer:
d
Step-by-step explanation:
d. neither
If I helped please vote brainliest
