The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
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Answer:
Length: 6 ft
Width: 4 feet
Step-by-step explanation:
Length: L
Width: 2L - 8
2L + 2(2L - 8) = 20
2L + 4L - 16 = 20
6L = 36
L = 36/6
L = 6
W= 2(6)-8 = 4
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Solve the equation:

Reduce the fractions at the left side so that they have the same denominator:

Numerators must be equal:

I hope this helps. =)
Tags: <em>rational equation fraction solution algebra</em>
Take two points

Equation of line in slope intercept form

