Ask your own question, for FREE!
Mathematics 9 Online
OpenStudy (anonymous):

Given interest of $1632 with principal of $16000 for 306 days (ordinary interest), results in a rate of

OpenStudy (anonymous):

The formula for simple interest is Principle * Interest rate * Time / # of interest occurrences. So plug in what you have into that formula and solve for what is missing.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
2 days ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
2 days ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!