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Determine the annual interest rate

Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following:(a) The
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2. asked by Anonymous
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you are depositing $1000 dollars in a savings account and are given the following options.6.2% annual interest rate, compounded
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2. asked by carly
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Determine the annual interest rate r required for an investment with continuous compound interest to yield an effective rate of
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2. asked by math
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Katrina has the option of an 8-year nonsubsidized student loan of $34,000 at an annual interest rate of 3.5% or an 8-year
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2. asked by math
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Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 1/12
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2. asked by me
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Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T ,
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2. asked by Adam
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Suppose a deposit of $3,500 in a savings account that paid an annual interest rate r (compounded yearly) is worth $3,910 after 2
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2. asked by Keonn'a
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Model this situation w/ a linear system:Melissa borrowed $10, 000 for her university tuition. She borrowed part of the money at
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2. asked by trixie
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Model this situation w/ a linear system:Melissa borrowed $10, 000 for her university tuition. She borrowed part of the money at
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2. asked by trixie
3. 552 views
A bank loaned out $7,500, part of it at the rate of 15% annual interest, and the rest at 6% annual interest. The total interest
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2. 98 views