jenn8055
24.01.2022 •
Mathematics
Bernie deposited $30,000 in a savings account with simple interest. One year later, he had earned $3,300 in interest. What was the interest rate?
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Ответ:
Step-by-step explanation:
Let's use PRT/100 = Interest to solve this problem
We know that:
Formula: Principle x rate x time/100 = InterestWork:
30,000 x r x 1/100 = 3,300=> 300 x r x 1 = 3,300=> 300r = 3,300=> r = 3,300/300=> r = 11Hence, the interest rate is 11%.
Ответ:
1/12
Step-by-step explanation:just divide 7/12 by 7 to get the per minute