david15666415 david15666415
  • 01-10-2021
  • Mathematics
contestada

You have a principal balance in your savings account of $1200. After 1 year, you earn $24 of interest. What is the interest rate?

Respuesta :

tgtresemer tgtresemer
  • 01-10-2021
1200x=24
x=24/1200
x=.02
So the answer is 2%
Answer Link

Otras preguntas

When individuals leave a population, the remaining populations will likely experience a _________ in genetic diversity
which structure of the respiratory system plays the main role in carry out the system’s primary function? trachea pharynx alveoli nose
anonymous 9 months ago Which theme is depicted in this excerpt from Book 21 of the Odyssey? Graceful she said, and bade Eumaeus show The rival peers the r
What is the degree of this polynomial? threex exponent 2 mines four x plus nine
What is the quotient?7-4ーks130-5○ 75〇fl517 777-7C园燜
Under the feudal system, how were soldiers and samurai rewarded?
Not everyone has the same taste in fashion. different people have different tastes in clothing and accessories. true false
25 POINTS!!!! QUESTION 1: What is the length of side AB of the triangle? Square root of 6 3 Square root of 18 6
On January 1st 2003, the value of a stock was 135$ per share. By December 1st 2003, the value of the stock had fallen to $38 per share. What is the average rate
What is the reciprocal of 1/5