The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
Answer:
Enter a payment of 5192.52.
Step-by-step explanation:
Consider the provided information.
The payment is $4800 with a 4 month, 8% note.
The amount can be calculated as:
Where <em>p</em> is money invested, <em>r</em> is annual interest rate, <em>t</em> is number of years and <em>m</em> is number of period.
Now substitute p = 4800 r = 0.08 and m = 4 in the above formula.
Hence, enter a payment of 5192.52.
The volume is 508.94 cm^3
This is equivalent to -1 ( 4 - 3 )
which simplified is -1
because 4-3 is 1 and 1 times -1 is -1
Hope this helps ;)
Answer:
a. 2
b. 6
c. 1
Step-by-step explanation:
The degree is the highest exponent on the variable in an expression
a. 2
b. 6
Both x and y have exponents of 3. To determine the degree, add the exponents together. 3+3=6
c. 1
When no exponent is present on the variable, it is always 1.
