Given the simple interest formula:
I = P•R•T
where:
I = interest
P = principal
R = interest rate
T = time (in years)
We can isolate R algebraically to find out the interest rate:
I = P•R•T
Divide both sides by P•T:
I / (P•T) = (P•R•T)/(P•T)
The formula for the interest rate is:
R = I / (P•T)
Substitute the given values into this formula to solve for the interest rate (R):
R = I / (P•T)
R = $490/ ($1,400 • 5 years)
R = $490 / $7,000
R = 0.07 or 7%
Therefore, the interest rate is 7%.
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Answer:
6983/1000 OR 6.983
Step-by-step explanation:
6*1=6
9*1/10=9/10
8*1/100=8/100
3*1/1000=3/1000
6+9/10+8/100+3/1000=6983/1000
OR
6.983
The diameter is 46 and the radius is 11.5
Answer:
its arung the middle or to thr right
Step-by-step explanation:
Answer:
Sandy did not follow PEMDAS and added first instead of doing her multiplication and division and then her addition and subtraction the answer would be 18