Question and answer
After 3 months the simple interest earned annually on an investment of $3000 was $590. Find the interest rate to the nearest tenth of a percent. A) 78.7% B) 76.7% C) 0.8 % D) 0.787%
Question
Asked 11/15/2010 10:53:46 AM
Updated 12/10/2024 10:03:26 AM
1 Answer/Comment
s
Get an answer
Original conversation
User: After 3 months the simple interest earned annually on an investment of $3000 was $590. Find the interest rate to the nearest tenth of a percent. A) 78.7% B) 76.7% C) 0.8 % D) 0.787%

Weegy: a)78.7%
Expert answered|iulianu|Points 130|

User: how did u do it

Question
Asked 11/15/2010 10:53:46 AM
Updated 12/10/2024 10:03:26 AM
1 Answer/Comment
New answers
Rating
3
To find the interest rate, use the simple interest formula:
I = P × r × t
Given:
I = 590,
P = 3000,
t = 0.25 years (3 months).
Substitute into the formula:
590 = 3000 × r × 0.25
Solve for r:
r = 590 / 750 = 0.7867
Convert to percentage:
r = 0.7867 × 100 = 78.7%
The interest rate is approximately 78.7%
Added 12/10/2024 10:03:26 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Find the result when 28 is decreased by 25%. A) 21 B) 35 C) 7 D) 3
Weegy: A) 21 (More)
Question
Expert Answered
Updated 6/26/2022 3:13:02 PM
1 Answer/Comment
28-(28/100)*25=28-7=21
Added 6/26/2022 3:13:02 PM
This answer has been confirmed as correct and helpful.
The principal organ of the respiratory system is the heart. A) True B) False
Weegy: The principal organ of the respiratory system is the heart. FALSE. (More)
Question
Expert Answered
Updated 144 days ago|1/24/2026 10:17:27 AM
0 Answers/Comments
Water-soluble vitamins are stored in your body, so they do not need to be replaced daily. A) True B) False
Weegy: Water-soluble vitamins are stored in your body, so they do not need to be replaced daily. FALSE. (More)
Question
Expert Answered
Updated 7/23/2020 6:41:39 PM
0 Answers/Comments
Ores can be formed by__________ magma. A) heating B) burning C) cooling D) foliated
Weegy: A) heating User: 4. The movement of __________ helps to form ore deposits. A) the sun B) gold C) water D) the moon Weegy: A) the sun User: As magma cools, __________ metallic minerals sink and accumulate at the bottom of the magma chamber to form an ore deposit. A) light B) weak C) dense D) dissolved Weegy: C) dense User: A fossil fuel formed by the remains of prehistoric organisms in shallow oceans and lakes is __________. A) petroleum B) lignite C) coal D) biomass Weegy: A) petroleum User: The process by which ores are formed when hot magma meets existing rock and changes the rock’s composition is called ________. A) radioactivity B) placer deposits C) carbonization D) contact metamorphism Weegy: D) contact metamorphism User: oal deposits are formed by __________. A) buried microorganisms in prehistoric oceans B) fluids moving through impermeable rock C) carbonization of plant remains D) burning hydrocarbons Weegy: Is that Coal? User: yes Weegy: Alright, C) carbonization of plant remains User: Which of these describes a way to conserve fossil fuels? A) Use sandstone instead of granite. B) Use coal instead of natural gas. C) Leave the lights on in the house at all times. D) Wash only full loads of laundry. are you good in scince Weegy: D) Wash only full loads of laundry. (More)
Question
Expert Answered
Updated 11/10/2022 2:06:52 PM
2 Answers/Comments
Which of these describes a way to conserve fossil fuels is: Use coal instead of natural gas.
Added 11/10/2022 2:04:22 PM
This answer has been confirmed as correct and helpful.
The movement of the WATER helps to form ore deposits.
Added 11/10/2022 2:06:52 PM
This answer has been confirmed as correct and helpful.
40,391,179
questions answered
Popular Conversations
2x dx = x².
Weegy: (2x + 1)? = (2x + 1)(2x + 1) = 4x? + 4x + 1 Answer: 4x? + 4x + 1
6/8/2026 8:50:32 AM| 2 Answers
limit (x²-1)/(x-1) = x+1.
Weegy: 5/7(x+y)-1/7(x-1)= 5x + 5y/7 - x - 1/7 = 5x - x + 5y - 1/7 = 4x + 5y - 1/7
6/8/2026 8:50:39 AM| 2 Answers
Distance = 5 cm × 1000 = 5000 cm = 50 m.
6/8/2026 8:55:01 AM| 2 Answers
Bandwidth = 1000 MB / 10 s = 100 MB/s.
6/8/2026 8:56:50 AM| 2 Answers
The result of subtracting (4x2 x) from -3x2 is
Weegy: (4x2 ? 2x + 3) ? ( -3x2 + 2x ? 5) = 7x2 - 4x + 8. User: Simplify this expression. 3x2(7x2 9)
6/10/2026 1:47:07 PM| 2 Answers
Weight, mass=320 kg, g=9.8 m/s², weight = ?
6/13/2026 2:07:24 PM| 2 Answers
21/28 + 13/21 = ? 35/48 - 9/16 = ?
Weegy: 2 - 2 = 0
6/15/2026 11:55:58 AM| 2 Answers
75% of 9,600 = ?
6/15/2026 12:01:29 PM| 2 Answers
28.4 × 9.5 = ?
Weegy: 28 (twenty-eight) is the natural number following 27 and preceding 29.
6/16/2026 6:56:52 AM| 2 Answers
x^2 - 900 = 0, find x
Weegy: information technology (IT) is the use of any computers, storage, networking, and other physical devices, ...
6/17/2026 6:03:53 AM| 2 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
L
P
1
1
1
Points 1 [Total 1232] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.