piper1456 piper1456

19-03-2020
Mathematics

contestada

paid $1,000 in interest on a loan of $10,000 for a
period of 5 years. What was the interest rate?

Respuesta :

Аноним Аноним

19-03-2020

Answer:

R = 2 % per annum.

Step-by-step explanation:

SI = (P*T*R) /100

$1000 = ($10000 * 5 yrs *Rate) /100

Answer Link

Otras preguntas

The _____ is the amount of nutrients needed by half of the people in any one age group, for example, middle-aged women.

Which of the following is protected by the First Amendment?

3. This is an incomplete diagram of the process of photosynthesis. Radunt energy from the Sun Carbon diodde A. Soll nutrients 8. Water C. Thermal energy D. Gluc

Which student wrote an expression equivalent to 4/5 ➗ 3/8?

in what fundamental ways does activity-based costing differ from traditional costing methods such as job-order costing as described in chapters 2 and 3?

You manage a hardware store that sells gas-powered generators. Based on the document shown, Section C suggests that: A. investigations are public. B. investigat

the possible ways used to remove a truck that is stuck in mud

in the aria, dido sings "remember me, but ah! forget my fate." what was her fate?

an electronic pid temperature controller is at a steady state with an output of 15 ma. the setpoint equal the nominal process temperature initially. at t

Write the word that best completes the sentence. Some ___children yelled and ran in the aisles of the theater. wild active energetic