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
nordsb [41]
3 years ago
9

A principal of $480 earns $108 interest in 5 years . what rate of interest was being paid?​

Mathematics
1 answer:
olga55 [171]3 years ago
6 0

Answer:

4.5%

Step-by-step explanation:

Solving our equation

r = 108 / ( 480 × 5 ) = 0.045

r = 0.045

converting r decimal to a percentage

R = 0.045 * 100 = 4.5%/year

The interest rate required to

accumulate simple interest of $ 108.00

from a principal of $ 480.00

over 5 years is 4.5% per year.

You might be interested in
Whats the square root of 45
Nady [450]

Answer:

6.71

Step-by-step explanation:

6.7082039325

Round it.

6.71

6 0
2 years ago
PLS HELP .........................
Otrada [13]

Answer:

I believe the answer is C :)

Step-by-step explanation:

5 0
3 years ago
Aubrey's dinner cost $85. She tips the waitstaff 30%, for excellent service.
Olin [163]
30% is equal to 0.3 (found by dividing the percentage by 100). Then we multiply the cost of dinner, $85, by 0.3 to find an answer of $25.50.

Answer: $25.50
6 0
3 years ago
Can someone pls help me
Lisa [10]
...hehehe beh ènehbnsjajwuwijwuwiiwhwniqkwiqkwjwmjwujw
7 0
2 years ago
Read 2 more answers
A new photocopier works 4 times as fast as an old one. When the machines work together, a university can produce all its staff m
Usimov [2.4K]

The old photocopier can make x manuals in an hour. The new photocopier can make 4x. Combined, they made 5x manuals in an hour.

In one hour they can make 1/28 of the manuals.

1/(28*5)=1/140 is the rate.

The new photocopier can make all the manuals in 4/140 or 35 hours.

The old one can make them in 140 hours.

6 0
3 years ago
Other questions:
  • Multiplying a number by 2 and then dividing by 3 is the same as multiplying by what number?
    14·2 answers
  • Jon is looking into a 4250 vacation package that is offered for 25% off. there's a 9% resort fee added on to the total. How much
    5·1 answer
  • 3175÷66 partial quotient
    11·1 answer
  • Create a story problem for 3/4 times 3
    7·1 answer
  • I'm really confused:<br> Solve for x if
    5·1 answer
  • What is the answer to 2 1⁄6+2 7⁄12
    9·2 answers
  • A 26-foot long ladder is leaning against a building at a 60 degree angle with the ground.
    5·2 answers
  • Using sigma notation write the geographic series: 6+12+24+48+96
    5·1 answer
  • How many 8ths are in a pound
    13·1 answer
  • I need some help on this :)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!