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

Which expression is equivalent to (o)(0) 0000000)? 0 131 13j O i+ 13
find the size of angle q if it is five times it's supplement​
Hope. Precious is ultimately a story of hope. Precious has a core of hope, though she does feel hopeless at times. She goes to the GED program as an “alternativ
Is 5.094 greater or less than 5.904​
Please help, due soon! Different stimuli create various reactions in our bodies. Name the three types of stimuli. For two of these, give an example.
Which event in a story is most indicative of postmodern literature? A. A man goes on a date so miserable that his date hitches a ride on a helicopter to escape.
The frequency and wavelength of an oscillation are related by the velocity of the wave. a. True b. False
What is the decimal expansion of the following fraction 5/8
Will give brainliest:))
Can someone please answer this I have been having trouble with this question all day.