menu
Qamnty
Login
Register
My account
Edit my Profile
Private messages
My favorites
If the simple interest on $3000 for 8 years is $1680, then what is the interest rate?
Ask a Question
Questions
Unanswered
Tags
Ask a Question
If the simple interest on $3000 for 8 years is $1680, then what is the interest rate?
asked
Mar 28, 2018
21.0k
views
2
votes
If the simple interest on $3000 for 8 years is $1680, then what is the interest rate?
Mathematics
high-school
Sabir Moglad
asked
by
Sabir Moglad
8.0k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
3
votes
R=i/pt
R=1680/3000*8=1,680÷24,000
=0.07*100=7%
Jolyonruss
answered
Apr 1, 2018
by
Jolyonruss
7.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Mar 27, 2024
220k
views
2) A loan application was received and processed at Boyz Credit Union. A rate of 14% was indicated. At the end of the first year the borrower paid an interest on the loan of $1680.00. What was the amount
Glubus
asked
Mar 27, 2024
by
Glubus
8.3k
points
Mathematics
college
1
answer
2
votes
220k
views
asked
Feb 23, 2024
33.7k
views
Evan makes $2,800 a month. How much does Evan pay for Social Security, which is 6% of his monthly salary? a) $168 b) $180 c) $1680 d) $116
Juan Rojas
asked
Feb 23, 2024
by
Juan Rojas
8.0k
points
Mathematics
high-school
1
answer
3
votes
33.7k
views
asked
Jan 28, 2024
86.7k
views
Dan's uncle from Japan promised to give him 35g of gold. The local jewelry exchange will buy gold for $1224 per ounce. How much money can Dan get for selling the gold? Use 1oz = 28g. a) $1530 b) $1680
Zak Soliman
asked
Jan 28, 2024
by
Zak Soliman
7.8k
points
Mathematics
high-school
1
answer
2
votes
86.7k
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
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qamnty