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ladessa [460]
3 years ago
11

April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple. What was the inte

rest rate
Mathematics
2 answers:
wolverine [178]3 years ago
8 0
2%
Since interest isn't compounded, it doesn't figure into the running total. Interest is only charged on the principal value.
600×.02= 12
12 dollars per year
12×5= 60
600+60= $660

$60 is 10% of the $600 principal
10%÷5 years = 2%
rusak2 [61]3 years ago
3 0
Isn't it like 600 divided by 5? or no thats the unit rate. sorry I'm not the smartest with this stuff and idk why I'm replying

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A merchant wants to establish the selling price of an item that costs him $4.50 with a 15% markup. What is his selling price?
OLga [1]

Answer:

the answer it $5.18

Step-by-step explanation:

$4.50 + ($4.50 x .15)

$4.50 + $0.68 = $5.18

4 0
3 years ago
A random sample of eighty-five students in Chicago city high schools takes a course designed to improve SAT scores. Based on the
erica [24]

Answer:

(B) The correct interpretation of this interval is that 90% of the students in the population should have their scores improve by between 72.3 and 91.4 points.

Step-by-step explanation:

Confidence interval is the range the true values fall in under a given <em>confidence level</em>.

Confidence level states the probability that a random chosen sample performs the surveyed characteristic in the range of confidence interval. Thus,

90% confidence interval means that there is 90% probability that the statistic (in this case SAT score improvement) of a member of the population falls in the confidence interval.

7 0
3 years ago
<img src="https://tex.z-dn.net/?f=%20%5Csqrt%5B3%5D%7B80%7D%20" id="TexFormula1" title=" \sqrt[3]{80} " alt=" \sqrt[3]{80} " ali
Marianna [84]

Start by decomposing the number inside the root into primes

Then group the terms into cubes if possible

\begin{gathered} 80=2\cdot2\cdot2\cdot2\cdot5 \\ 80=2^3\cdot2\cdot5 \\ 80=10\cdot2^3 \end{gathered}

rewrite the root

\sqrt[3]{80}=\sqrt[3]{10\cdot2^3}

then cancel the terms that are cubes and bring them out of the root

\sqrt[3]{80}=2\sqrt[3]{10}

7 0
1 year ago
A girl ran from her home to a store at the rate of 6 mph, and she walked back home at the rate of 4 mph. if it took 15 minutes f
viva [34]

Home is 0.6 miles away from the store

How to solve such time related questions?

The key concept for solving such questions is the relationship between speed, distance and time.

The relationship between them is Distance = Speed x Time

Given:-

Total time taken by girl to complete the trip = 15 minutes = \frac{1}{4} hours

Speed while riding going = 6 miles per hour

Speed while coming back = 4 miles per hour

Total time taken by girl  =

Time taken while going +   Time taken while coming back      - (1)

  Let x be distance from home to store

       \frac{x}{6} =  Time taken while going

\frac{x}{4} = Time taken while coming back

    Substituting in (1) we get

      \frac{1}{4} =  \frac{x}{6} + \frac{x}{4}

      \frac{1}{4} =  \frac{2x + 3x}{12}

       \frac{1}{4} =  \frac{5x}{12}

      x= \frac{12}{20}

    x = 0.6 miles

Thus home is 0.6 miles away from the store

Learn more about time related  here :

brainly.com/question/12759408

#SPJ4

6 0
2 years ago
How many dimes is 5.60
OverLord2011 [107]

Answer:

56

Step-by-step explanation:

a dime =10 cent

divide 5.6 by 0.1=56

3 0
3 years ago
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