subject
Mathematics, 26.02.2021 20:10 7rnmartinez

You want to find the rate of simple annual interest for a two-year loan. The bank charges $560 interest for the $2,000 loan.

What is the simple annual interest rate?

I = Prt

560 = 2,000 x r x 2

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:10
Jordan has $5.37, which he is using to buy ingredients to make salsa. he is buying one red pepper for $1.29 and three pounds of tomatoes. if jordan has exactly the right amount of money he needs, what is the price per pound of the tomatoes? choose the correct equation to represent this real-world problem. solve the equation and verify the reasonableness of your answer. a pound of tomatoes costs .
Answers: 1
question
Mathematics, 21.06.2019 22:30
Tell whether the two rates form a proportion
Answers: 1
question
Mathematics, 21.06.2019 22:30
Graph the system of inequalities presented here on your own paper, then use your graph to answer the following questions: y > 2x + 3y is less than negative 3 over 2 times x minus 4part a: describe the graph of the system, including shading and the types of lines graphed. provide a description of the solution area. (6 points)part b: is the point (â’4, 6) included in the solution area for the system? justify your answer mathematically. (4 points)
Answers: 1
question
Mathematics, 22.06.2019 00:30
Jenny borrowed $500 for five years at 4 percent interest, compounded annually. what is the total amount she will have paid when she pays off the loan? total amount = p (1 + i)t a. $608.33 b. $729.99 c. $765.77 reset next
Answers: 1
You know the right answer?
You want to find the rate of simple annual interest for a two-year loan. The bank charges $560 inter...
Questions
question
English, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
question
Mathematics, 18.03.2021 02:30
Questions on the website: 13722361