Question

Sarah paid $30 in interest to borrow $4800 for 3 months.

What annual interest rate did Sarah pay?



A.
0.625%


B.
1.875%


C.
2.5%


D.
7.5%

Answer 1

Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.
Simple Interest Calculator A = P(1 + rt) - Calculator Soup

www.calculatorsoup.com/.../simple-interest-plus-principal-c...Calculator Soup

Answer 2

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwi346L5rubJAhWJKWMKHSJhDr8QFggeMAE&url=http%3A%2F%2Fwww.calculatorsoup.com%2Fcalculators%2Ffinancial%2Fsimple-interest-plus-principal-calculator.php&usg=AFQjCNFp65sFLfXRwzjNSD3H7zc17gK2Ow&bvm=bv.110151844,d.cGc

Answer 3

D

Answer 4

i didn't master it but thanks anyways

Answer 5

What did you get?

Answer 6

I seem to have forgotten how to solve these that's why I'm posting links.

Answer 7

66%

Answer 8

Can you review what you got?

Answer 9

I mean, can you review the wrong answers

Answer 10

okay

Answer 11

oh... apparently the only two that you helped me with???

Answer 12

The two I helped you with were wrong?

Answer 13

idek

Answer 14

K12.........

Answer 15

whats wrong?

Answer 16

What grade are you in. 8th?

Answer 17

6th

Answer 18

Sorry about this. Can you retake it?

Answer 19

yes but only one more time

Answer 20

Find the simple interest.



principal = $4500; rate = 6%; time = 3 years



A.
$270


B.
$810


C.
$540


D.
$5310