Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. what is the simple interest rate on a $2450 invest

What is the simple interest rate on a $2450 investment paying $951.83 interest in 10.5...

50.1K

Verified Solution

Question

Basic Math

image

What is the simple interest rate on a $2450 investment paying $951.83 interest in 10.5 years?% (round to the nearest tenth of a percent)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $82,...

Finance
Q

THE MBA DECISION Ben Bates graduated from college six years ago with a finance undergraduate degree....

Finance
Q

Consider the differential equation dy/dx = y^2 + y - 2 (1) Sketch its phase portrait...

Basic Math
Q

“Dry air” is defined as air with no water vapor, and the molecular weight of air,...

Chemistry
Q

1 Calculate the correlation coefficient for the relationship of interval variables X and Y in...

Statistics
Q

Integrate assuming x 0 xin 4x dx S x In 4x dx

Calculus
Q

40 ABC CBA EN A B C ABC CBA 693 min ABC 1

Algebra
Q

Steve Reese is a well-known interior designer in Fort...

Accounting
Q

1 Marin Company fabrica varios productos, incluidas canoas. La empresa informa una prdida en su...

Accounting
Q

For discount factor usa Exhibit 128.1 and Exhibit 12B.2 spiro Hospital is investigating the possibility...

Accounting
Q

Please PROBLEM 5 (15 points): On January 1,2017, Getsi Corporation had the...

Accounting
Q

If total assets decreased by $48,589 during a period of time and stockholders' equity increased...

Accounting