Ask
your own question, for FREE!
Mathematics
63 Online
Kenneth deposited $750.00 into an account and fifteen years later, the account had earned $787.50 in interest. What simple interest rate did the account earn?
Still Need Help?
Join the QuestionCove community and study together with friends!
The account earned 105% from the original value.
Gained 787.50-750/750%=5% use simple interest formula for calculate the rate SI=PTR/100
SI=PTR/100 787.50=750*15*r/100 r=7
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!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
janaeDehon:
Which of the following lines best summarizes the story? A. The story details an African vacation from a long time ago, in which Sage's adventures are descri
Subshilava:
I have an issue my mom bought me a 3d cat mold from tj maxx and everytime I fill
ShikuniShigana:
Alright so. I need some art ideas, or Drawing design ideas for this Character im doing, He's Kinda like based off Vita Carnis+Shefki Shin+Death Angel(From Q
gelphielvr:
hello :] I have to make a model for my biology class for either topic "evolution"
SnowyBreaks:
Question for the staff here, Could you possibly change my name. I'll dm the name
SsTDOGRednek:
Could someone read my essay and give me some criticism?
Yosad930:
still speed studying for dual enrollment macroeconomics, and a few quick question
gelphielvr:
I have a presentation to do In Front of like 50 people does anyone have any tips
17 minutes ago
3 Replies
0 Medals
1 hour ago
17 Replies
3 Medals
21 hours ago
16 Replies
2 Medals
23 hours ago
15 Replies
2 Medals
1 day ago
2 Replies
0 Medals
18 hours ago
39 Replies
4 Medals
1 day ago
5 Replies
1 Medal
1 day ago
6 Replies
1 Medal