The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
Answer:
(2.5 , 3.5)
Step-by-step explanation:
We can use the midpoint formula . Here the points are , (2,2) and (3,5) .
• <u>Using</u><u> </u><u>Midpo</u><u>int</u><u> Formula</u><u> </u><u>:</u><u>-</u><u> </u>
⇒ M = { (x1 + x2)/2 , (y1 + y2)/2 }
⇒ M = ( 2+3/2 , 5+2/2 )
⇒ M = ( 5/2 , 7/2 )
⇒ M = ( 2.5 , 3.5 )
<h3>
<u>Hence </u><u>the</u><u> </u><u>midpoint</u><u> </u><u>is</u><u> </u><u>(</u><u>2</u><u>.</u><u>5</u><u> </u><u>,</u><u> </u><u>3</u><u>.</u><u>5</u><u>)</u></h3>
Answer:
Im confused what your trying to get at is there a picture or something
Step-by-step explanation: