david15666415 david15666415
  • 01-10-2021
  • Mathematics
contestada

You have a principal balance in your savings account of $1200. After 1 year, you earn $24 of interest. What is the interest rate?

Respuesta :

tgtresemer tgtresemer
  • 01-10-2021
1200x=24
x=24/1200
x=.02
So the answer is 2%
Answer Link

Otras preguntas

What substance helps suspend fat in a watery digestive mixture, making fat more available to digestive enzymes?
A circle has a radius of 26.85 inches. What is the circumference of this circle? Use 3.14 for pi. Round your final answer to the nearest tenth. Enter your an
If the diameter of the dart board is 36 centimeters, what is the approximate circumference?
How do yo turn a fraction into a percent?
Convert 12 inches to millimeters (to the nearest tenth). 3.048 30.48 304.8 3048
Which source of pollution is covered indirectly by the soil and water resources conservation act but excluded from the clean water act?
the question is on the paper just read it
Is 4/18 closer to 0 1 or 1/2
suppose you would like to go ice skating to see if this is a good idea you decide to check the daily newspaper for a weather report what specific information sh
CAN SOMEONE HELP ME PLEASE IN - Art and the Creative Impulse ?? 18. When we're attracted to a work of art because it makes us feel happy, sad, or calm and peace