leon25nico leon25nico
  • 04-03-2021
  • Mathematics
contestada

You deposit $400 in an account. The account earns $72 simple interest in 6 years. What is the annual
interest rate?

Respuesta :

Аноним Аноним
  • 04-03-2021

The principal was $600.

Explanation:

Find principal by using the formula , where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.

In this example I = $72, i = 4% and t = 3 years, so

Answer Link
bm66813 bm66813
  • 04-03-2021

Answer: 173,200

Step-by-step explanation:

This is very simple and I can help with this!!

Interest= Principal x Rate x Time

Interest = ($400)($72)(6)= 172,800+400= 173,200

Answer Link

Otras preguntas

x squared plus three x over x squared minus two x plus one
I’m confused on this one
i need help Asap!! How did President Nixon leave office? A. he finished out his second term.B. he resigned.C. he died.D. he was impeached and removed.
Please help me answer
Which test point holds true for y − 2x ≤ 1? A. (0, 2) B. (-2, 4) C. (1, 4) D. (5, 0)
What is the probability that all the roots of x2 + bx + c = 0 are real? [0,1]?
Please help fast ASAP
find the complete factored form of the polynomial: 25ab^2+5ab
A speed sign is an example of a _________ sign
how do you find the domain of the rational expression x over 3 ?[tex] \frac{x}{3} [/tex]