2 years ago

What is the interest rate if the amount borrowed is $11,000 for 6 years and the interest paid is $1800?

1 answer:

4 0

The formula for simple interest is ...
I = Prt
1800 = 11000*r*6
1800/66000 = r = 0.02727... (repeating 27)

The simple interest rate is approximately 2.73%.

You might be interested in

If f(x)=-2x+7 and g(x)=x^2 -2 find the general rule for f(g(x))

DanielleElmas [232]

$f(g(x))=-2(x^2-2)+7=-2x^2+4+7=-2x^2+11$

4 0

2 years ago

Question 5 of 25

kykrilka [37]

Answer:

the correct answer is : option c)infinitely many

EXPLANATION:

infinite lines pass through a point . so, infinite solution is the correct answer

4 0

1 year ago

Jenny school is selling tickets to a choral performance. On the first day of ticket sales the school sold 4 adult tickets and 8

Karolina [17]

It should be $4 for the adult ticket and $3 for the student ticket

3 0

2 years ago

Whats the answer?please tell me!!

zavuch27 [327]

95.72 + 5.228 = 100.948

6 0

2 years ago

Read 2 more answers

What is the answer to (6+4)tothe3power-1tothe8power

Ipatiy [6.2K]

Hey there!

$\huge\boxed{(6 + 4)^3 - 1^8}$

$\huge\boxed{= 10^3 - 1^8}$

$\huge\boxed{10^3}$

$\huge\boxed{= 10\times10\times10}$

$\huge\boxed{= 100\times10 }$

$\huge\boxed{= 1,000}$

$\huge\boxed{1^{8}}$

$\huge\boxed{= 1\times1\times1 \times 1 \times 1 \times 1 \times 1 \times 1}$

$\huge\boxed{= 1 \times 1 \times 1 \times 1}$

$\huge\boxed{= 1\times1}$

$\huge\boxed{= 1}$

$\huge\boxed{1,000 - 1}$

$\huge\boxed{= 999}$

$\huge\text{Answer: \textsf{999}}$

$\huge\text{Good luck on your assignment \& enjoy your day!}$

~ $\huge\boxed{\frak{Amphitrite1040:)}}$

8 0

2 years ago