kristianbarnett
kristianbarnett kristianbarnett
  • 01-05-2018
  • Mathematics
contestada

Han has 410,000 in a retirement accounts that earns 15,785 each year find the simple interest rate for this investment

Respuesta :

popalabdulqayou
popalabdulqayou popalabdulqayou
  • 01-05-2018
the simple interest rate on this investment is.0385 or 3.85%:
Interest = principle * rate * time
I=prt
r=I/(pt)=15785/(410,000*1)= .0385
Answer Link
isabelbries
isabelbries isabelbries
  • 06-12-2020

Answer:3.85%

Step-by-step explanation:

I= p x r x t

15,785= 410,000 x r x 1

15785/410000 = 410000r/410000

R=3.85%

Answer Link

Otras preguntas

Why was the Jeffersonian Democracy significant
A 2020-inch candle burns down in 10 hours. At what rate does the candle burn, in inches per hour?
HELPPPP ASAPPPP PLEASEEE FIND THE SLOPE
What effect did the election of Nelson Mandela have on the Afrikaners? It legally forced them out of power and ended apartheid, It forced other countries to se
Please help me I’m having trouble
BOO!! Hey I hope everyone has a great day/night!!!!Random points lolI'm just bored lol
Review Shakespeare's productions. Name three famous plays that Shakespeare wrote. Then name the 2 most famous characters from each play. HELP, If you could do t
5x + 6 = 46. Is x = 8 a solution for this equation? Justify your answer by showing your step with explanation.
Which event came first? a. Spanish peace treaty with the Comanche. b. The Treaty of Paris. C. The French and Indian War. d. The Spanish withdrawal from East Tex
What is √2+1/3 ? Round to three decimal places.​