Register

After earning interest,the balance of an account is $420. The new balance is 7/6 of the original balance. How much interest did It earn

After earning interest,the balance of an account is $420. The new balance is 7/6 of the original balance. How much interest did It earn
82.0k views
1 vote
After earning interest,the balance of an account is $420. The new balance is 7/6 of the original balance. How much interest did It earn

User RianBattle
by
7.5k points

1 Answer

5 votes
420x6/7 = 360 starting amount
420-360 = 60 interest
60/360 = 16.67%
User Talon
by
7.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

Several United States Presidents committed military troops to serve in Vietnam in an effort to a. react to violations of United States neutrality. b. support the policy of containment. c. oppose the Chinese
What research Is currently being done on moon rocks?
Which best describes the topics covered by nonfiction works? a. facts and real events b. historical people and events c. ideas that try to influence readers d. events that never occurred
Link Copied!