Mathematics, 29.03.2021 14:00, josephicarusmarrujo

Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest.
He did not make any additional deposits or withdrawals.
At the end of 7 years, the balance of the account was $3,500.
What is the annual interest rate on this account?

A) 25%

B) 30%

C) 22,5%

D) 27%

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:00, gymnastlyfe123

Solve 2x+y=3 x+y=5 in substitution method

Answers: 1

continue

Mathematics, 21.06.2019 18:00, mihirkantighosh

Arecipe calls for 32 fluid ounces of heavy cream. how many 1 pint containers of heavy cream are needed to make the recipe?

Answers: 2

continue

Mathematics, 21.06.2019 21:00, SiegeHatake4534

Rewrite the following quadratic functions in intercept or factored form. show your work. y = x^2 + 7x + 10

Answers: 2

continue

Mathematics, 22.06.2019 02:00, Renabelle5604

Which of the following is not a solution to the inequality graphed below? (-2, -4)(-1, -5)(0, -3)(2, -1)which of the following is a solution to the inequality graphed below? select all that apply.(-3, -3)(-1, -1)(-3, -1)(2, 2)

Answers: 1

continue

Do you know the correct answer?

Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest.

Questions in other subjects:

Mathematics, 18.12.2020 20:20

You are sitting in an Aeroplane flying at the rate 1 of 900 km h in calm conditions due east. Suddenly a cold wind blows at the rate in the NorthEast and pushes...

History, 18.12.2020 20:20

How is freedom of religion protected by the Bill of Rights? Select three options. People are free to choose not to practice religion. Citizens can practice whatever religion...

Mathematics, 18.12.2020 20:20

What is the MOST amount of intersection points that a 1st degree polynomial can have...

English, 18.12.2020 20:20

Bye Happy Holidays. Ima be out for two weeks. :)...

Mathematics, 18.12.2020 20:20

3 Compare these two functions. Function A Function B x (input) y (output) Which function shows a greater rate of change? Explain your reasoning.

Mathematics, 18.12.2020 20:20

Heather is a software saleswoman. Her base salary is , and she makes an additional for every copy of Math is Fun she sells. Let represent her total pay (in dollars), and let repre...

English, 18.12.2020 20:20

(Offering 25 points for answer)It was Anna Maria's first day at her new school. She didn't know whom to talk to at recess, so she walked up to the nearest group of girls. "It's

Social Studies, 18.12.2020 20:20

Who ever deletes this you are G A Y oh and free points...

Mathematics, 18.12.2020 20:20

Geometry Homework. (PHOTO ATTACHED. DECENT AMMOUNT OF POINTS)

Social Studies, 18.12.2020 20:20

Which of the following causes a production possibilities frontier to shift to the right? A. The economy grows. B. The economy shrinks. C. The economy stagnates.

Other tasks in the category: Mathematics More task

Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 7 years, the balance of the account was $3,500. What is the annual interest rate on this account? A) 25% B) 30% C) 22,5% D) 27%

Answers

Other questions on the subject: Mathematics

Questions in other subjects:

Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest.
He did not make any additional deposits or withdrawals.
At the end of 7 years, the balance of the account was $3,500.
What is the annual interest rate on this account?

A) 25%

B) 30%

C) 22,5%

D) 27%