popt2862 popt2862
  • 03-12-2019
  • Mathematics
contestada

Find the rate of interest, if the interest is 490 the sum(principal) is 7000 for 2 years. Please use this formula for this answer Interest = principal*rate of interest*time/ 100

Respuesta :

surjithayer10otahza surjithayer10otahza
  • 05-12-2019

Answer:

Step-by-step explanation:

rate of interest=(interest×100)÷(principal×time)

=(490×100)÷(7000×2)=3.5 %

Answer Link

Otras preguntas

Help please! I attached the picture you get 20 points!!
Determine the percent yield for the reaction between 46.5 g of ZnS and 13.3 g of oxygen if 18.l4 g of ZnO is recovered along with an unknown quantity of sulfur
Aiden bought 8 magazines that each cost the same amount. He paid a total of $21.12. How much did he pay for each?
A parallogram is ______________ a rectangle. a sometimes b always c never
A phone salesperson is paid a minimum weekly salary and a commission for each phone sold, as shown in the table. Confirm that the relationship is linear and giv
50 points!! What is 100 plus 100 dived 70 minus 6 times 4 equals?
help me please, don't answer just for points. will give brainliest.
Through: (1,-4) and (-3,1)
Write 33 kg as a fraction of 4 tonnes.
Simplify using the distributive property: 6(y-8) = Oy - 48 O by - 48 O by - 8 6y + 48