nevaehchildress2009 nevaehchildress2009
  • 24-02-2022
  • Mathematics
contestada

Joannie lent $200 to her sister. 4 years later, her sister repaid her in full with $228. What simple annual interest rate did joannies sister pay?

Respuesta :

ameliajanesdebtfreed ameliajanesdebtfreed
  • 24-02-2022

Answer:

$7/year

Step-by-step explanation:

228-200 = 28

divide by the 4 years : 28/4= 7

Answer Link
jcardenas2769 jcardenas2769
  • 24-02-2022
Joanne’s sister paid 3.5% annual interest rate.
Answer Link

Otras preguntas

Can someone please help me with this trigonometry problem. I would highly appreciate it if you did​
Which is a solution for the following system of inequalities? x+y >2 2x-y>1
Five-year-old clarice is watching a movie and eating popcorn with her 3-year-old brother. her brother finishes his popcorn first, so she offers him some of her
Textbooks, museum brochures, instructional manuals, and encyclopedia articles will MOST LIKELY have entries of A) narrative writing. B) expository writing. C)
Solve for x. 6x2−2=13
There are six households in a rural community. each household earns $40,000 per year. suppose that a new resident builds a mansion in the community and that the
what is photosynthesis ​
Take a look at the artwork from a tomb of Nakht. What does it show about ancient Egypt? A. daily life of the Egyptians B. gods and goddess that Egyptians wor
Bella is making button barrettes. she allows each of her friends to reach into her bag of buttons and randomly select a color then she replaces it with the same
Find X (geometry) thank you