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HACTEHA [7]
3 years ago
6

you put $400 in an account. the account earns $18 simple intrest in 9 months. what is the anual interest rate?

Mathematics
2 answers:
mojhsa [17]3 years ago
8 0

Use the formula,

I = Prt

P = Principal amount = 400

I  = interest = 18

r = annual rate

t = time in years = 9/12 = 3/4


so,

18 = 400*r*3/4


r =  0.06

so the annual interest rate is 0.06 or 6%


meriva3 years ago
7 0

Answer:

6%

Step-by-step explanation:

I = Prt, so r = I / (Pt)

t = 9 months / 12 months = 0.75

r = $18 / ($400 * 0.75) = 0.06, or 6%

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Real numbers are like pi, 4, -3, 1/3, 1.25, -3468374, ......

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6 0
3 years ago
A fish story: The mean length of one-year-old spotted flounder, in millimeters, is 127 with standard deviation of 22, and the me
pishuonlain [190]

Answer:

The z-score for this length is of 1.27.

Step-by-step explanation:

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Problems of normal distributions can be solved using the z-score formula.

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Z = \frac{X - \mu}{\sigma}

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4 0
3 years ago
IN
ycow [4]

Answer:

45 pages in 1 hour

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= 45

This means he can read 45 pages in 1 hour.

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2 years ago
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3 years ago
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SIZIF [17.4K]

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