menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Practical Problems in Mathematics for Carpenters
  4. Exam
    Exam 17: Interest
  5. Question
    The Annual Rate of Interest on $19,000 Is 6
Solved

The Annual Rate of Interest on $19,000 Is 6

Question 10

Question 10

Short Answer

The annual rate of interest on $19,000 is 6%. Find the interest after a period of 3 months.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A bank loans $69,350 to a contractor

Q2: A builder develops a tract of 15

Q3: Find the simple interest and amount on

Q4: A carpenter deposits $626.90 in a savings

Q5: A family pays 5% simple interest on

Q6: Principal is the amount of money invested

Q7: Rate of interest is the percent at

Q8: A borrower pays $555.20 interest in the

Q9: A contractor borrows $90,000 on a building

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines