Register

Ms. Zimmer invested $5000 on a CD for 8 months. She earned $120 interest. What is the rate of the CD?A.3%C.0.3%B.3.6%D.36%

Ms. Zimmer invested $5000 on a CD for 8 months. She earned $120 interest. What is the rate of the CD?A.3%C.0.3%B.3.6%D.36%
asked 195k views
2 votes
Ms. Zimmer invested $5000 on a CD for 8 months. She earned $120 interest. What is the rate of the CD?A.3%C.0.3%B.3.6%D.36%

asked
User Rfanatic
by
8.7k points

1 Answer

3 votes
The rate is 0.3%

5000 x 0.003 = 15
15 x 8 = $120
answered
User Force Bolt
by
8.1k points
← Prev Question Next Question →

Related questions

User XoXo
asked Aug 3, 2022 56.1k views
Calculemos la formula empirica y molecular de carbonato de hierro Fe2(co3)3.Fe.38.3%C.12.3%.0.4 92% masa 292g
XoXo asked Aug 3, 2022
by XoXo
6.9k points
1 answer
4 votes
56.1k views
User Demula
asked Feb 23, 2023 102k views
What is the percent by mass of bromine in the compound MgBr₂?A) 13.2%B) 43.4%C) 56.6%D) 86.8%
Demula asked Feb 23, 2023
by Demula
8.8k points
1 answer
1 vote
102k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!