tamiamason08 tamiamason08

26-03-2021
Mathematics

contestada

April took out a $600 loan from the bank. At the end of 5 years, she pays
back the principal, plus $60 simple interest. What was the interest rate?
a) 2%
b) 7%
c) 1.2%
d) 5.5%

Relax

Respuesta :

kailawebb2005 kailawebb2005

26-03-2021

Answer:

2%

Step-by-step explanation:

$60 is 10% of $600

If you divide that 10% by the 5 years you get 2%

Answer Link

Otras preguntas

What's the GCF of 40 and 48

(1) Earths crust is made up of relatively rigid plates that ride atop Earth's hot, semiliquid mantle. (2) The plates are called tectonic because they're in cons

Any factor that changes the shape of an enzyme can affect the enzyme's activity. Which of the following two factors affect an enzyme's operation the most?

Muscle cells, which need a lot of ATP, would be expected to have a lot of ________________, the organelles involved in cellular respiration.

what is 6 divided by 812

A patch of forest has been cleared to build a house. Which is likely to happen to the plant and animal communities of that forest patch?

An important role of fungi in an ecosystem is A) performing photosynthesis. B) breaking down dead organisms C) making alcohol D) killing bacteria

A small casserole servers 4 people. How many casseroles do you need to make in order to feed 16 people

DNA from one species differs from the DNA of another species in its a)base ratios b)sugars c)phosphate groups d)all of the above

Which is an effective way to manage stress? Practice multitasking. Eat a high-protein diet. Keep an active calendar. Maintain a regular sleeping schedule.