faithlovesyou
faithlovesyou faithlovesyou
  • 17-01-2017
  • Mathematics
contestada

A bank says you can double your money in 10 years if you put $1,000 in a simple interest account. What annual interest rate does the bank pay? A) 1% B) 1.25% C) 10% D) 12.5%

Respuesta :

kdc624 kdc624
  • 17-01-2017
10%
R=(1/10)((2000/1000)-1)=0.1
r=0.1
0.1=10%
Answer Link

Otras preguntas

How many possible outfits are can be made when choosing from 3 kinds of shoes, 5 different pairs of pants, and 6 different shirts
What did Wilson do to Myrtle? Why?
The British helped Libya gain independence. Which nation had a similar experience? a Algeria b Belize c Korea d Vietnam
How do you solve -3 1/3=-1/2g
What chemical is used by the stomach to help dissolve food (specifically peptide bonds in protein)? hydrochloric acid amylase sulfuric acid O acetic acid
Find the missing length of the longer leg in the 30° – 60° – 90° triangle. short leg = 2 a 2v3 b7v2 с 67 d 475
Which line is the correct answer
help i need help math is hard hard
How many genres of fiction are there?
What is Gatsby’s reaction to Daisy’s child?