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%.
Please mark my answers as the Brainliest if you find my explanations and solution helpful :)
Answer:
First one is wrong. x should be 16.
Second one is not completely visible, so cannot say.
Step-by-step explanation:
In the last step, the divison by 4 yields:
x/16 = 1, so x = 16
Hi there
To solve this question
0.03x+0.05 (6000-x)=220
Solve for x to know How much money was invested at 3%
First multiply the values
0.03x+0.05×6000-0.05x=220
0.03x+300-0.05x=220
Second calculate the difference and rearranging the values
0.03x-0.05x=220-300
-0.02x=-80
Divide both sides by-0.02 and divide the values
X=-0.02/-80
x=4000 invested at 3% this is the answer of your question
While the amount invested at 5% is
6000-4000=2000
Good luck!
Answer:
Algebra is a branch of mathematics dealing with symbols and the rules for manipulating those symbols. In elementary algebra, those symbols (today written as Latin and Greek letters) represent quantities without fixed values, known as variables.
Step-by-step explanation:
The correct answer is: <span>C) The base of the cone and the top of the cylinder have the same area. </span>The cone has the smallest volume of the 2 figures. This is because the formula for the cylinder is b x h, the formula for the cone is 1/3(b x h) so if they have same height and base area cylinder would have larger volume because, for the cylinder, a formula is one-third of b x h. Hope I helped!! : )
hope this helps you
