Mckinley30 Mckinley30
  • 21-09-2015
  • Mathematics
contestada

Rita borrows $5000 from her parents. she repays them $6000.what is the interest rate if she pays at the end of year 2

Respuesta :

taskmasters
taskmasters taskmasters
  • 25-09-2015
Rita borrowed 5 000 dollars from her parents.
Now, she paid 6 000 dollars after 2 years.
how much interest did she paid?
Let x be the value of interest that she paid
=> 5000 = x * 6000
=> 5000 = 6000x
=> Now, divide each sides with 6000
=> 5000 / 6000 = 6000x / 6000
=> 0.8 = x
=> 0.8 / 100
= 80 %
100% - 80%
=> 20 %, thus, Rita paid 20%  to his parent.





Answer Link

Otras preguntas

The rectangle below has an area of x^2+8x+15x 2 +8x+15x, squared, plus, 8, x, plus, 15 square meters and a width of x+3x+3x, plus, 3 meters. What expression r
Which of the following statements is true of moderate climates? A. They are found near the Equator. B. The ocean affects their temperatures. C. They experience
1. Why were people so severely impacted by the Great Depression? Include at least 2-3 specific details from the text to support your response. *
Which types of organisms are required to complete the nitrogen cycle
WHAT IS THE BEST SENSE THAT WE SHOULD HAVE?
Using the sum of the angle measures of a triangle, m
In the expansion (ax+by)^7, the coefficients of the first two terms are 128 and -224, respectively. Find the values of a and b
this is geometry and I need help !!! i need by today ​
y = 2×2square+ 4× - 2 value
Vanessa hiked a 9 mile trail at an average speed of 3 mph. She started her hike at 8:30 a.m. Which explanation correctly tells how to calculate what time Vanes