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prohojiy [21]
3 years ago
13

Please be quick, I need this really soon!

Mathematics
1 answer:
Elena-2011 [213]3 years ago
8 0
Let's solve this problem step-by-step.

STEP-BY-STEP SOLUTION:

Let's first establish the simple interest formula which we will require to solve this problem as displayed below:

Simple Interest = Principal × Rate of Interest × No. of Time Periods

I = PRN

Now let's substitute the values from the problem into this formula and solve as displayed below:

I = $15

P = $150

R = ?

N = 2 years

I = PRN

15 = 150 × R / 100 × 2

R / 100 = 15 / ( 150 × 2 )

R / 100 = 15 / 300

R = 5 / 100 × 100

R = 5%

ANSWER:

The simple annual interest rate for the loan is 5%. Therefore, the answer is:

B ) 5.0%

Please mark as brainliest if you found this helpful! :)
Thank you <3
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MrMuchimi
I think this is what you mean. I don't know why the Latex didn't work. Good for you that you can use it.

\frac{23}{56} +  \frac{3}{8} - \frac{-4}{28}
\frac{23}{56} + \frac{3}{8} - \frac{-4}{28} Reduce the 4/28 to 1/7
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Anyone, please help me please answer my question because I have to pass this tomorrow morning:(
Wittaler [7]

Step-by-step explanation:

If you need help with how I got my answer, you can ask me.

\frac{2yx {}^{ - 4} }{(x {}^{ - 4}y {}^{4}) {}^{3}  \times 2x {}^{ - 1}y {}^{ - 3}    }

\frac{2yx {}^{ - 4} }{x {}^{ - 12}y {}^{12}   \times 2x {}^{ - 1}y {}^{ - 3}  }

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( \frac{2u {}^{4} \times 1 }{ - 2 {u}^{3}v {}^{ - 5}  } ) {}^{ - 1}

( - u v {}^{ 5} ) {}^{   - 1}

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