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mixer [17]
3 years ago
13

What is the rate of change of and what does it represent 75÷1​

Mathematics
1 answer:
tino4ka555 [31]3 years ago
3 0
75 is the rate of change
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In how many years will $7000 yield an interest of $4620 at 22% simple interest?
meriva

Answer:

3 Years

Step-by-step explanation:

7000*22% = 1540

4620/1540 = 3

1540 = the yearly interest

so it will take 3 years of $1540 of interest to get $4620.

Normally you would also have to take into account the interest plus the base varible but since it specifically says 7000 it makes it a simple problem.

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