If the simple interest on $6,000 for 4 years is $1,920, then what is the interest rate?

Mathematics

1 answer:

Vsevolod [243]3 years ago

6 0

Answer:

8 percent

Step-by-step explanation:

Since the formula for interest rate is the original money, the amount of years, and the inetrest rate multiplied together, we could plug it into an equation. 6000 times 4 times the ineterest rate is equal to 1920. 6000 times 4 is 24000. 1920 divided by 24000 is equal to 0.08 or 8 percent.

You might be interested in

If the cylinder has a diameter of 8 cm and a volume of approximately 502.65 cm3, what is the approximate area of the cross-secti

bazaltina [42]

It would be 80 because

5 0

3 years ago

Read 2 more answers

Enter the power of 10 that makes an expression equivalent to 12,500.

lesantik [10]

Answer:

1250

Step-by-step explanation:

its correct answer

3 0

3 years ago

Read 2 more answers

A fair number cube is labeled with the numbers 1 - 6. After rolling the cube 100 times, which

Kipish [7]

Answer:

NONE. You loose. The question says a “FAIR” number cube, so by definition, NONE of the sides comes up MOST often. It’s an invalid QUESTION! Indeterminate Answer.

If it’s a FAIR die, then any of the 6 numbers has the same chance of coming up: 1/6

So, there is no MOST LIKELY result for 100 rolls.

Step-by-step explanation:

3 0

2 years ago

Use your understanding of the symmetry of the sine and cosine functions to determine the value of tan(−theta) for all

Dmitriy789 [7]

Answer:

$tan(-\theta)=-tan\theta$