Answer:
Step-by-step explanation:
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:
the correct answer A. <1 and <7 , <2 and <8
Answer:
tip=48.28
total cost =316.49
Step-by-step explanation:
tip = 48.28
Total + tip= 316.49
Answer:
The coach can do this in 3,003 ways
Step-by-step explanation:
Here, the coach needs to select a team of 5 from a total of 15 players
Mathematically, the number of ways this can be done is simply 15 C5 ways
Generally, if we are to select a number of r items from n items, this can be done in nCr ways = n!/(n-r)!r!
Applying this to the situation on ground, we have;
15C5 = 15!/(15-5)!5! = 15!/10!5! = 3,003 ways
