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
klasskru [66]
3 years ago
13

Mason took out an $800 loan from the bank. At the end of 5 years, he pays back the principle, plus $120 simple interest. What is

the interest rate? Show your work
Mathematics
1 answer:
kirza4 [7]3 years ago
6 0

Answer:

3% or 0.03

Step-by-step explanation:

120/5=24

24 is 3% of 800.

We can assume that 800 is 100 percent.

That means 1 percent is 8.

24 is 3 percent.

You might be interested in
You are knitting a blanket. You want the area of the blanket to be 24 feet squared . You want the length of the blanket to be 2
Sauron [17]
Think of it this way: x multiplied by a number that is two more than x is y.
So, look at the factors. 3 and 8 wouldn't work, because 8 is 5 longer than 3. 1 and 24 wouldn't work, because 24 is 23 more than 1. 12 and 2 is also not going to work; 12 is 10 more than 2. What you have left is 4 and 6. 6 is 2 more than 4, and they both multiply to get 24.

So, the correct answer is 6 feet long and 4 feet wide.
4 0
3 years ago
Read 2 more answers
Can someone please help for brainlest
Klio2033 [76]

Answer:125√3:6

Step-by-step explanation:

5 0
3 years ago
14 divided by 3/8 ? (The question mark is not part of the problem...neither is this..)
dmitriy555 [2]
3 divided by 8 is .375
14 divided by .375 is 37.3 repeating
and the fraction for that is 112/3

4 0
3 years ago
Read 2 more answers
Write and simplify an expression to model the following phrase: "15% off the original price of a purchase"
Simora [160]
There are a couple of equations u can use

x = original price

15% off the original price of the purchase :
x - 0.15x

OR

if u get 15% off, then u are paying for 85%
0.85x
7 0
3 years ago
Read 2 more answers
In a college meal plan you pay a membership fee, then all of your meals are at a fixed price per week. If 20 meals cost $152 and
LenKa [72]
Your answer would be F love!
5 0
3 years ago
Other questions:
  • Prevent as a decimal 21%
    12·1 answer
  • 1800 tens equals blank thousands
    12·1 answer
  • 2. Twice a certain number is doubled. The resulting number is four times the original number.
    10·1 answer
  • With net sales of $40,000, beginning inventory at retail of $14,000, ending inventory at retail of $20,000, and cost of goods so
    14·2 answers
  • Help me with this please!
    15·2 answers
  • Geometry...Please help as soon as possible please and Thank you so much
    15·1 answer
  • Which of the following is the function f(x) if f^-1(x) = 5x - 19?
    8·1 answer
  • Poin(s) possible
    15·1 answer
  • You deposit money into an
    6·1 answer
  • find the rate of change of a cylinder whnen its radius is 6 feet if its height is always 3/2 times its radius and its increasing
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!