Register
After leaving her $7500 investment in a simple interest account for three years, Linda earned $1325 in interest. What was the interest rate on the account? (Round the answer to one digit after the decimal
103k views
3 votes
After leaving her $7500 investment in a simple interest account for three years, Linda earned $1325 in interest. What was the interest rate on the account? (Round the answer to one digit after the decimal point.)

User Alex Leo
by
8.2k points

1 Answer

4 votes
R=i/pt
R=(1,325÷(7,500×3))*100
R=5.89%
User Myria
by
8.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
Link Copied!