subject
Mathematics, 29.05.2021 09:40 jesus3426

If money is invested for a short period of time, simple interest is paid using the following formula. I = Prt P represents the money invested, or principal amount, r is the simple interest rate, and t represents the time, in years, the money is invested. Given P = $500, t = 2 years, and I = $40, what is the simple interest rate?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Which term best describes the association between variables a and b? no association a negative linear association a positive linear association a nonlinear association a scatterplot with an x axis labeled, variable a from zero to ten in increments of two and the y axis labeled, variable b from zero to one hundred forty in increments of twenty with fifteen points in a positive trend.
Answers: 3
question
Mathematics, 21.06.2019 18:00
If 1/√5+1/√5+1=p+q√r , find the values of p, q and r
Answers: 2
question
Mathematics, 21.06.2019 20:30
In an improper fraction, is the numerator equal to, less than, or greater than the denominator
Answers: 2
question
Mathematics, 21.06.2019 23:30
What are the measures of angles a, b, and c? show your work and explain your answers. 25 points
Answers: 1
You know the right answer?
If money is invested for a short period of time, simple interest is paid using the following formula...
Questions
question
Mathematics, 02.07.2020 14:01
question
Mathematics, 02.07.2020 14:01