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
MaRussiya [10]
3 years ago
8

If the lease factor is given as 0.0030, what interest rate is that equivalent to?

Mathematics
2 answers:
beks73 [17]3 years ago
7 0

Answer: Interest rate would be 7.2%.

Step-by-step explanation:

Since we have given that

Least factor = 0.0030

We need to find the interest rate:

To get interest rate from least factor, we need to multiply the least factor with 2400.

so, it becomes,

0.0030\times 2400\\\\=7.2\%

Hence, Interest rate would be 7.2%.

Tasya [4]3 years ago
5 0

Answer:

The interest rate is 0.30%.

Step-by-step explanation:

Decimal = 0.0030

The interest rate is out of 100.

So multiply the decimal by 100 and divide by 100 to get the interest rate.

0.0030 * 100

------------------- = 0.30/ 100

100

So the interest rate is 0.30%.

Hope you will understand the concept.

Thank you.

You might be interested in
Janet drove 420 miles in 6 hours. What was her constant rate of change?<br><br><br> Pls answer
Ira Lisetskai [31]

Answer:

70 miles per hour

Step-by-step explanation:

5 0
2 years ago
Find the interquartile range of these data.<br><br> 5, 12, 9, 8, 6, 2, 6
Kryger [21]

Answer: 7

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
What is the area? Please help
Mrrafil [7]

Answer:

75

Step-by-step explanation:

<h2>A=1/2h(a+b)</h2><h3> =10÷2=5(10+5)</h3>

=5×15

<h2> =75</h2>
7 0
3 years ago
Read 2 more answers
This is kinda confusing can someone help explain!!
AURORKA [14]

Answer: all i can say is this for an edu guess

2 6 and 4 would be 40 or 30

3 5 and 7 would be 110 or 120

8 would be 20 or 10

also this was the first answer

7 0
3 years ago
Read 2 more answers
How many hours in 2 years
galben [10]
In 2 years theirs 17520 in total!

4 0
3 years ago
Read 2 more answers
Other questions:
  • Please answer this question with reason please​
    14·1 answer
  • Adele earns $194 every two weeks delivering. Newspapers she spends $30 of each paycheck and save the rest if she's paid 26 times
    15·1 answer
  • Is it growth or decay?<br> whats the intercepts?
    14·2 answers
  • The picture shows a triangular island:
    8·2 answers
  • How many solutions does 3x+5=7x-20 have?
    8·1 answer
  • Tell whether the ordered pair (-1,3) is a solution of the system of linear equations. y=-7x-4 and y=8x+5
    12·1 answer
  • Roger had 20 minutes to do a three-problem quiz. He spent 11 and 3/4 minutes on question A and 6 1/2
    7·1 answer
  • Helpppppppppppppppppppppp
    10·2 answers
  • On a survey of students at CAMS, 75% of students said
    6·1 answer
  • The measure of angle 1 (10x+8) and the measure of angle 3 (12x-10). What is the measure of angle 2 in degrees? 9 98 82 16
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!