Hi,
By definition, interest rate is <span>the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
To find interest rate you need the principle, interest earned, and time.
</span><span>
Solve for Rate (R)
</span><span>Where: r = I / Pt
</span>
I = 837 (dollars)
P = 3100 (dollars)
t = 6 (years)
r = 837 / ( 3100 × 6 ) = 0.045
<span>r = 0.045
</span>
*converting r decimal to a percentage
R = 0.045 * 100 = 4.5%/year*
The interest rate required to accumulate simple interest of $ 837.00 from a principal of $ 3,100.00 <span>over 6 years is 4.5% per year.
</span>
In short, rate: 4.5% / year
Faith xoxo
Yes, so the Y intercept of the linear regression line is 250 ( it is on the y-axis at point [0,250]. You can also see that for every 2x the number on the y axis decreases by 50. This means that the slope is -25. Now put what we know into the equation for a line - y=mx+b
y = -25x +250
Answer is A because 5x = 5 times whatever the number so
5 x 13 divided by 5 + 15 = 28
Answer: option D is the correct answer.
Step-by-step explanation:
The tower has a cone-shaped attic. Therefore, we would apply the formula for determining the volume of a cone which is expressed as
Volume = 1/3 × πr²h
Where
r represents the radius of the cone.
h represents the vertical height of the cone.
π is a constant whose value is 3.14
From the information given,
Radius = 9 feet
Height = 18 feet
Therefore,
Volume = 1/3 × 3.14 × 9² × 18
Volume = 1/3 × 3.14 × 81 × 18
Volume = 1526.04 ft³