math

What is the interest on $600 for 5 years is $210.What is the percentage rate?

600 x rate x 5 yrs = 210.
Solve for rate, then multiply by 100.

  1. 👍 0
  2. 👎 0
  3. 👁 140
asked by nae
  1. 7%

    1. 👍 0
    2. 👎 0
    posted by Nats

Respond to this Question

First Name

Your Response

Similar Questions

  1. Algebra

    If the principal P=$600, the interest I=210.00, and the T= 5 Years. What is the rate?

    asked by Sue Jackson on September 4, 2012
  2. Algebra

    If the principal P = $600, the interest I = $210, and time t = 5 years, find the following. (a) What is the rate

    asked by Sue Jackson on August 28, 2012
  3. math- please help me - Ms. Sue

    Sheds R Us sells $600 sheds on a monthly payment plan over 2 years. a) If the interest rate is 1.5% per month, find the monthly payment. Answer = $ b) If instead the interest rate is 1.75% per month, find the monthly payment

    asked by Mimi on April 2, 2015
  4. Finance

    You buy some furniture for $600. The department store offers you “no interest for 8 months” after which you can pay the $600 in one lump sum. To take advantage of this deal, the store charges a $25 service fee, which is to be

    asked by Mella on September 21, 2014
  5. math/ check!

    find the general term that describes the following sequens 600,300,150,75 I the thing is that you divide each of them by 2 so I would go y(n)= 600/ 2^n but how do I check if this is right? is this right? It is right. That would

    asked by Anonymous on October 17, 2006
  6. Math

    Paul borrows $600 at an interest rate of 8% per years for 4 years. How much interest will he have to pay?

    asked by Tina on May 11, 2016
  7. math

    After 5 years, marcels account earned $ 600 in interest. If the interest rate is 0.03, how much did marcel initially invest?

    asked by k on February 19, 2015
  8. math

    A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% per annum.In how many years will he owe interest of Rs.3,600?

    asked by Haroon Gondal on November 9, 2015
  9. Physics

    1) The annoying sound from a mosquito is produced when it beats its wings at the average rate of 600 wingbeats per second. What is the frequency of the sound wave? 1/600 1/300 300 600 My answer was 1/600 but this was wrong.

    asked by Hannah on December 20, 2009
  10. math115

    Steve was charged $75.00 interest for 1 month on a $3,000 credit card balance. What was the monthly interest rate? Give you answer as a percentage, round to the nearest tenth of a percent. 2.5% 2.If $5,600 is deposited into an

    asked by callie on October 3, 2009

More Similar Questions