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FinnZ [79.3K]
3 years ago
14

Pablo borrowed $50,000 to start a business. Three years later, he repaid the $50,000 along with an interest of $9,375. What was

the annual interest rate?
Mathematics
1 answer:
kiruha [24]3 years ago
6 0

Answer:

The annual interest rate is 6.25%

Step-by-step explanation:

We have been given that

P = $50,000

I = $9,375

t = 3 years

r = ?

The formula for simple interest is given by

I=Prt\\\\\text{Substituting the known values, we get}\\\\9375=50000(r)\cdot3\\\\r=\frac{9375}{50000\cdot3}\\\\r=0.0625\\\\r=6.25\%

Therefore, the annual interest rate is 6.25%

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Scilla [17]
Height of bottom box : - 2  \frac{1}{3} => 7/3
Height of top box : - 3  \frac{2}{3} => 11/3

Thus, height of two boxes =

\frac{7}{3} +   \frac{11}{3} =  \frac{18}{3} => 6ft

Happy to help chodini!
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valentina_108 [34]

Answer: \left\{x | x \in \mathbb{R}, \ -5 \le x < 16\right\}

=======================================================

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The portion -5 \le x < 16 is how x is restricted. This means x can be -5 or larger, but also must be smaller than 16.

This is from the interval notation [-5, 16). The square bracket means we include -5 as part of the interval, but we exclude 16 because of the curved parenthesis.

The curly braces surrounding everything indicates that we have a set of values.

-----------------

Side note:

If x is an integer, then we can get this roster set {-5, -4, -3, -2, -1, 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15} showing all of the integers between -5 and 16, including -5 but excluding 16.

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how do i know?
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