mackenzieg457
mackenzieg457 mackenzieg457
  • 22-11-2021
  • Mathematics
contestada

I= $50
P= $500
r= ?
t= 5 years

Respuesta :

agucate999
agucate999 agucate999
  • 22-11-2021

Answer:

2%

Step-by-step explanation:

Interest Rate = (Simple Interest × 100)/(Principal × Time).

50= 500(5)(r)

50= 2500r

50/2500= .02 or 2%

Answer Link

Otras preguntas

Which industry was hardest hit by the recession?
Why critical thinking and skepticism are important to scientific inquiry?
The perimeter of a rectangular slab of concrete is 24 meters. If the length of the rectangular slab is 2 meters longer than its width, what is the width of the
286,489 Is an odd number. How many times greater Is the 8 In the ten thousands place than the 8 In the tens place?
What is a distance across the middle of a circle or sphere?
what is the common multiple of 6 and 15?
explain how you could use the work backward problem solving strategy to solve the equation x/4 - 6=2
the secret number has a 7 in the ones place. the tens number is an odd number
A triangle has height 4 ft and area 32 ft2. What is the lenght of the base?
304,001 in two forms