Step-by-step explanation:
i wish I could help but no idea
The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
1=x
Step-by-step explanation:
Original
Z = X/5
Solve for X
Multiply both sides by 5
5Z = X
Answer
X = 5Z
Find the difference between each number:
-24/4 = -6
144/-24 = -6
The next number is multiplied by -6
You have the first 4 terms
5th term = -864 x -6 = 5184
6th term = 5184 x -6 = -31,104
7th term = -31,104 x -6 = 186,624
8th term = 186,624 x -6 = -1,119,744