Answer:
April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is given the principal and the time and the interest rate is . For this problem we have to find the interest rate given . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,
I= Prt
=> r= I/Pt
=> r= 60/600x5 = 1/50
The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.
Answer:
x = 7
Step-by-step explanation:
-4x/-4 = -28/-4
x = 7
Answer:
Step-by-step explanation:
3,5,6,
a =3
d = 5-3 = 2
Tn= a+(n-1)d
T6= 3+(6-1)2 = 3 + (5)2 = 3 + 10 = 13
