Step-by-step explanation:

Answer:
61 3/5
Step-by-step explanation:
we realize that 8 4/5 can be written as [8 + (4/5)]
hence 7 x 8 4/5
= 7 x [8 + (4/5)]
= 7 [8 + (4/5)] (use the distributive property, see attached for reference)
= 7(8) + 7(4/5)
= 56 + 28/5 (convert 28/5 into mixed fraction)
= 56 + 5 3/5
= 61 3/5 (answer)
Answer:
The percentage rate is 4.5%
Step-by-step explanation:
The simple interest earned in this situation is $1270 - $1000, or $270.
the simple interest formula is i =prt.
Here, i = $270 = ($1000)(r)(6 yr).
$270
Then r = ------------------- = 0.045
$1000(6 yr)
The percentage rate is 4.5%