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Harrizon [31]
1 year ago
13

Donna has a $300 loan through the bank she is charged a simple rate The total interest she paid on the loan was $63 As a percent

age what was the annual interest rate on her loan
Mathematics
1 answer:
klasskru [66]1 year ago
3 0

The annual interest rate is 21%

<h3>How to determine the annual interest rate?</h3>

The given parameters are

Loan Amount, P = $300

Interest, I = $63

Number of years, T = 1

The annual interest rate is calculated as

I = PRT

Substitute the known values in the above equation

63 = 300 * R * 1

Evaluate the product

300R = 63

Divide through by 300

R = 21%

Hence, the annual interest rate is 21%

Read more about simple interest at:

brainly.com/question/20690803

#SPJ1

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Anuta_ua [19.1K]
U just do 24,678 * .07 to get <span>1727.46</span>
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3 years ago
There is 300 fruit in a basket 50 of them are bananas what percentage is not bananas
scoray [572]

Answer:

83.33%

Step-by-step explanation:

300 - 50 = 250

250/300 = 0.8333 or 83.33%

5 0
2 years ago
2/3 + 3/4=? (pls show the steps on how you got an awnser :) )
shepuryov [24]

Answer:

17/12= 1 5/12

Step-by-step explanation:

Common denominator:

2/3= 8/12

3/4= 9/12

Solve:

8+9= 17

17/12= 1 5/12

8 0
3 years ago
Read 2 more answers
10 points please answer correctly (due soon)
luda_lava [24]

The exponential equation of the model is A(t) = 2583 * 0.88^t and the multiplier means that the number of new cases in a week is 88% of the previous week

<h3>The function that models the data</h3>

The given parameters are:

New, A(t) = 2000

Rate, r = 12%

The function is represented as:

A(t) = A * (1 - r)^t

So, we have:

2000 = A * (1 - 12%)^t

This gives

2000 = A * (0.88)^t

2 weeks ago implies that;

t = 2

So, we have:

2000 = A * 0.88^2

Evaluate

2000 = A * 0.7744

Divide by 0.7744

A = 2583

Substitute A = 2583 in A(t) = A * 0.88^t

A(t) = 2583 * 0.88^t

Hence, the exponential equation of the model is A(t) = 2583 * 0.88^t

<h3>The interpretation of the multiplier</h3>

In this case, the multiplier is 88% or 0.88

This means that the number of new cases in a week is 88% of the previous week

Read more about exponential equation at

brainly.com/question/2456547

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8 0
2 years ago
karen is building a house in Norfolk, Virginia. She would like a bedroom that is 12 feet in length by 10 feet in width. What is
daser333 [38]

Answer:

POINTFARMER.EXE=EZ

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
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