A. 58 students
B. 200 students
Answer:
The percentage rate is 4.5%.
Step-by-step explanation:
The given formula for simple interest is I=prt where I=simple interest, p=principle, r = percentage rate and t=time. In the problem, we are told that after six years (t=6), $7000 (p=7000) earns $1890 (I=1890). We can then substitute in the values for three of our variable to get the following: 1890 = (7000)(6)r. Multiplying 7000x6 = 42000 giving us 1890 = 42000r. Using inverse operations, we divide both sides of the equation by 42000 to get 0.045 = r. Since r = percentage rate, we need to multiply our decimal by 100 to find the percentage. 0.045 x 100 = 4.5%.
Answer:
$25.20
Step-by-step explanation:
$35 x 0.28
= $9.80
35-9.80
= $25.20
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