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
Kipish [7]
2 years ago
14

If the simple interest on $5,000 for 4 years is $1,600, then what is the interest rate?

Mathematics
1 answer:
matrenka [14]2 years ago
8 0

Answer:

0.08, or 8%

Step-by-step explanation:

The appropriate formula is i = p*r*t, where p is the principal, r is the interest rate as a decimal fraction, and t is the time in years.

We want to calculate r when i, p and t are known.

                                                           i

Solving i = p*r*t for r, we get r = ------------

                                                       p*t

The interest rate in this case is

        $1600

r = ---------------- = 0.08, or 8%

      $5000*4

You might be interested in
Please solve<br>I really need help​
Llana [10]

9514 1404 393

Answer:

  x = 12

Step-by-step explanation:

The similarity statement tells you corresponding sides have the same ratio.

  AB/BC = FE/EC

  x/10 = 6/5

  x = 10(6/5)

  x = 12

7 0
3 years ago
Probability is used when describing a function of a parameter given an outcome. For example, if a coin is flipped 10 times and i
Paladinen [302]

Answer: 1/1024

Step-by-step explanation:

When a fair coin is flipped the coin would show either head or tail meaning only 2 outcomes are possible. So, getting an head means 50% chance or 1/2 chance.

Now, it means chance for 10 times head every time= (1/2)^10

Chance= 1/1024

Chance= 0.00097

8 0
3 years ago
Help me please....
KIM [24]

Answer:

car a-50 kilos per hour

car b-55 kilos per hour

car b is faster

Step-by-step explanation:

150/3=50

220/4=55

3 0
3 years ago
Lee needed to make drapes the length from the floor to the top of the window. The wall beneath the window had the height of 2 2/
Tatiana [17]
Since drapes have to be covered all over the window and the beneath of the window, both lengths have to be added.

(2 2/3) + ( 2 3/4) 
(8/3) + (11/4)
(32+33)/12
65/12
5 5/12
7 0
3 years ago
Kayla has a piece of blue ribbon that is 18.35 inches long and a piece of
tankabanditka [31]

Answer:

1.85

Step-by-step explanation:

20.2-18.35=1.85

3 0
3 years ago
Other questions:
  • Solve.<br><br> x^2 - 49 = 0<br> A) ±49 <br> B) ±12 <br> C) ±7 <br> D) ±6
    9·2 answers
  • When we use energy the energy is destroyed true or false​
    14·1 answer
  • How would you model 5 x 2/3?
    13·1 answer
  • Solve the proportion 8/3 = g/3
    6·1 answer
  • What is the slope of the line that passes through the points<br><br> (-9, 8) and (-3, -1)?
    15·1 answer
  • What is the value of the expression 6n when 7=n
    11·1 answer
  • Pls help answer before 10:00
    10·1 answer
  • BIG IDEAS MATH Chapter 8: Surface Areas of Pyramids &gt; Section Exercises 8.3 &gt; Exercise 7 Previous 7 Item 4 Find the surfac
    5·2 answers
  • Laurague here is your answer:)
    7·1 answer
  • Can some one help me on this the last answer since you can’t see it is CB=AC
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!