kayleeyellow12p6obz4 kayleeyellow12p6obz4
  • 04-04-2018
  • Mathematics
contestada

After seven years, an initial investment of $600 earned $84. Find the interest rate.

Respuesta :

isaiahmartinez9
isaiahmartinez9 isaiahmartinez9
  • 04-04-2018
If the interest rate never compounds, then the rate would be 84/600 = 14%
Answer Link

Otras preguntas

$Which word in the sentence below is a possessive noun?IEI found some old photos in the boxes in my aunt's attic.АphotosBboxesCaunt'sABDattic​
what are the solutions to the quadratic equation 9x(2) + 64 = 0?andwhat is the factored form of the quadratic expression 9x(2) + 64?​
A shunt resistance of 8 Ω is connected to a galvanometer of resistance of 100 Ω. The current in the galvanometer is 0.42 A. What is the current in the circuit?
Madrid Company plans to issue 8% bonds with a par value of $4,000,000. The company sells $3,600,000 of the bonds at par on January 1. The remaining $400,000 sel
Citizens who wish to participate in direct democracy and hold direct elections must​
Please help me with this I’m struggling
What are five foundations of economics?
WILL MARK BRAINLIESTUsing the fact that pressure is defined as force : area, what is the pressureexerted by 1 book in N/m??​
Why would Victor Frankenstein, rather than his creation, most likely be considered monstrous?
What was the effect of Pontiac’s rebellion? A) American Indians defeated the British. B) American Indians failed to defeat the British. C) American Indians rega