Register
Interest earned: $40, Principal: $400, Time: 2 years. Find the rate.
192k views
4 votes
Interest earned: $40, Principal: $400, Time: 2 years. Find the rate.

User Roxie
by
5.0k points

2 Answers

1 vote

Answer:

840

Explanation:

40+400×2=840

User Fuji
by
4.7k points
5 votes

5 percent per year

400/10=40

40/2=20

400/20=5

5 percent per year

User Vikash B
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
I need to simplify this expression.
Need answer to math problem!!!​
Link Copied!