Here is the interest equation: I=prt
Where I is interest, p is principal, r is rate and t is time(in years).
Substitute with known values.
I= prt
I= 10000(.05)(1 and 1 over 4)
I= 625
Answer: $625 for 15 months.
Answer:
y=-1/4x-6
It crosses the y axis at -6 and has a slope of 1/4
Answer: 8.5%
7/82=0.0853
Multiply by 100 to get percentage
0.0853 x 100 = 8.53
Option C is your answer.
1 3/5 is the same as 8/5
3(8/5) = 24/5 = 4 and 4/5