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Marat540 [252]
2 years ago
5

If the simple interest on ​$3,000 for 8 years is ​$1,200​, then what is the interest​ rate?

Mathematics
1 answer:
Usimov [2.4K]2 years ago
8 0

Answer:

i THINK its 18.75% per year

Step-by-step explanation:

r = (1/8)((3,000/1200) - 1 ) = 0.1875

r = 0.1875 * 100 = 18.75

(dont take my word tho, u should double check yourself)

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Answer:

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2 years ago
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8 0
3 years ago
The point (21,32) is on a line with slope 1.5.
Oxana [17]
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7 0
3 years ago
Which is less and why? -5 OR-6
Nimfa-mama [501]
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3 0
2 years ago
The scale model of a building is 5.4 feet tall. If the original building is 810 meters tall, what was the scale used to make the
ANEK [815]
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<span>1:492 </span>
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