Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Beth put $8,000 in a savings account. At the end of a year the account had earned $72 in interest. What was the yearly interest rate on the account?


Please help!!

Sagot :

paige174
the yearly interest rate is .90%
to get this you need p=r*b
percent is p
rate is 72 and the base is 8000
set it up as a fraction
72/8000=x/100
cross-multiply 72 by 100 and then divide by 8000
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.