Answer:
8%
Step-by-step explanation:
The amount repaid is ...
A = P(1 +rt)
Filling in the given values, we can find r.
(18·28) = 450(1 +r(18/12)) . . . . . t is in years
504 = 450 + 675t
54/675 = 0.08 = 8%
The simple interest rate on the loan is 8%.
Hi there! The answer is $98
When something becomes 0% more expensive it means that the prices have remained the same as the price last year. Since the price last year was $98, the price this year is also $98.
Answer:
Just plug in where n is= 150 then solve the answer is 100
Step-by-step explanation:
2(150)-200
Answer: <em>Tax rate per dollar = .06536</em>
Given:
Amount needed from property tax = $915000
Value of assessed property = $14000000
Therefore, we'll compute tax rate per dollar as:
Tax rate per dollar = 
= 
= .06536