delenewilliams1 delenewilliams1
  • 04-01-2015
  • Mathematics
contestada

With interest of $1,832.00 and a principal of $16,000 for 206 days, use the ordinary interest method to determine the rate.

Respuesta :

briemodee525 briemodee525
  • 04-01-2015
I = 1832 
P = 16000 
T = 206/365 years 
Rate of interest = [100*I] / [P*T] 
= [100*1832] / [16000*206/365] 
= 20.29% per annum
Answer Link
caitielittlep2ddz6 caitielittlep2ddz6
  • 25-03-2019

Answer:

20%

Step-by-step explanation:

Answer Link

Otras preguntas

Anyone know the answer to this English question?
I think it’s font..... but idk... pleeeease help.
The growing polypeptide chain is inserted into the membrane of the blank before being sent to its final destination
Which expressions are equivalent? 3x + 5x and 8x 3(x + 4) and 3x + 12 a + b + a and 2a + b 18x + 2y and 15x + 3x + 2x 3a + 4a + 10 and 17a
Pls help me with this
What is the equation of the line that passes through the points (0,5) and (2/3)
Add or remove commas Luke peeked into the haunted house through the spooky,glass window.
please help me,ASAP​
f(x)=x^2+4x-6 into vertex form​
The perimeter of a triangle is 32 m. The second side is twice as long as the first side. The third side is 2 m longer than the second side. Find the measure of