Find the annual interest rate. Round your answer to the nearest hundredth of a percent. I=$160.67, P=$2000, t=8 months

1 answer:

3 0

Let would be the annual interest rate such that,
I = P x r^t
For the 1st
160.67 = (2000) x r*8/12 ; r = 0.02277
The second case is just the same.

You might be interested in

Using the following image, determine if the triangles are similar. If so, how?

dolphi86 [110]

They are similar and the answer is SSS

5 0

2 years ago

Perimeter and area of the combined figure

Oduvanchick [21]

Area : 1050
Perimeter : 150

7 0

3 years ago

What are linear equations? Explain In full depth please

jasenka [17]

Answer:

, a linear equation is an equation that may be put in the form where are the variables, and are the coefficients, which are often real numbers. The coefficients may be considered as parameters of the equation, and may be arbitrary expressions, provided they do not contain any of the variables.

Step-by-step explanation:

y= 2x+1 is a linear equation

4 0

2 years ago

Let f(x)=x. The graph of f(x) is transformed into the graph of g(x) by a vertical stretch of 4 units and a translation of 4 uni

Mrac [35]

Answer:

$g(x) = 4x + 4$

Step-by-step explanation:

The given function is f(x)=x.

If we stretch vertically by a factor of 4 and a translation of 4 units up then the new function becomes

$g(x) = 4f(x) + 4$

But f(x)=x

We substitute to obtain the equation of g(x) as

$g(x) = 4x + 4$

8 0

3 years ago

Read 2 more answers

Solve for x. |x| – 5 = 7

musickatia [10]

Answer:

x=12 or x= -12 (answer A)

Step-by-step explanation:

|x| – 5 = 7

|x| = 12

x=12 or x= -12 (answer A)

6 0

3 years ago