Answer:
55
Step-by-step explanation:
Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
I think its b
Step-by-step explanation:
Answer:
31
Step-by-step explanation:
ab + bc + ac for a = 2, b = 5, and c = 3
(2×5)+(5×3)+(2×3)
10+15+6
31
Answer:
a=9
Step-by-step explanation:
