Register
Question Find the rate if a principal of $1,100 earned $1,089 interest in 12 years.
108k views
4 votes
Question
Find the rate if a principal of $1,100 earned $1,089 interest in 12
years.

User Kolzar
by
4.5k points

1 Answer

1 vote

Answer:

Explanation:

Intrest = PRT\100

$1089. =. ($1100x12xR)\100

$1089. = 132R

 Divide through by 132.

R. =. 8.25%

User Uzumaki Naruto
by
6.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.5m answers

Other Questions

Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Can someone help me with 5??? ASAP?
Solve for h 3h=7(2/7-3/7h)-10
Link Copied!