it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

If 500 yields 55.03 in simple interest over 5 years, what is the annual rate?

Soluzione

I f 500 y i e l d s 55.03 in s im pl e in t eres t o v er 5 ye a rs, w ha t i s t h e ann u a l r a t e ?

Soluzione

Rate : \frac{I}{2500}

Fasi della soluzione

Translate the problem into an equation:

I = 500 r \cdot 5

Risolvi per

r, I = 500 r \cdot 5 : r = \frac{I}{2500}

Rate : \frac{I}{2500}

Esempi popolari

4000 is invested for 14 years with an APR of 4% and monthly compounding. What is the balance after 14 years?Twice the differenza between a number, x, and forty is three times the number.the floor is a rectangle of sides12.8by8.5 find the area of each of the largest tiles which can be used to fix exactly without breaking The diameter of a circle is 7 m. Find its circonferenza in terms of pipi.The diametro of a circle is 22 m. Find its area to the nearest whole number.