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

A store is selling five cans of tomato sauce for $5.25. What is the unit price?
Lisa says that 43 is a 2 digit odd number that is composite is she correct and explain
After data are collected they are often arranged in a
if ac = 24in and ce = 13in what is ae
System of glands that regulate metabolism reproduction and other functions
The stipulation requiring that accused persons be told they have "the right to remain silent" stems from A. Marbury v. Arizona. B. the Monroe Doctrine.
Wrote a word problem that must be solved by using division. Include the equation and the solution and explain how to place the first digit in the quotient
Turkey tried to destroy its ______________ citizens’ culture. a. Shiite c. Kurdish b. Sunni
Name the greater number 3.579, 3.564
Which country settled Louisiana in the 1600s?