The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
To learn more on interests: brainly.com/question/26457073
#SPJ1
Pears 15-30
Bananas 20-40
The slope is 0!! any horizontal line, like y = 1, y = 2, y = any other number, has a slope of 0. because it's a horizontal line, it's flat, so there isn't any incline or decline. just as a note: vertical lines (x = 1, etc.) have an undefined slope.
Answer:
(-8,8)
Step-by-step explanation:
<h3><u>A</u><u>n</u><u>s</u><u>w</u><u>e</u><u>r</u><u>:</u><u>-</u></h3>
Lets Solve
