Hi there
To find The interest rate the formula is
R=I÷pt
r interest rate?
I interest earned 622.5
P principle 12450
T time 1 year
So
R=622.5÷(12,450×1)
R=0.05×100=5%
Hope it helps
Answer: The equation that would help members to find how much they would pay per month is
40 + 12x = 460
Step-by-step explanation:
Let x represent the amount of money that members would pay per month.
Let y represent the number of months for which a member uses the gym.
There is a fee of $40 when you join, and the rest is paid monthly. This means that the cost of using the gym for x months would be
40 + xy
A one year membership to metro gym costs $460. Therefore are 12 months in a year. Therefore,
40 + 12x = 460
12x = 460 - 40 = 420
x = 420/12 = 35
The equation that would help members to find how much they would pay per month is
Answer:
37%
Step-by-step explanation:
37% equal 37 of a whole 100 is a whole
