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ipn [44]
3 years ago
15

If Steve paid back $7,945 on a $7000 simple interest loan after 3 years. What was the interest rate?

Mathematics
1 answer:
seraphim [82]3 years ago
8 0

Answer:

already answered

Step-by-step explanation:

You might be interested in
Write the equation of the line that passes through (−3,1) and (2,−1) in slope-intercept form
Alex787 [66]

Answer:

y=-\frac{2}{5}x-\frac{1}{5}

Step-by-step explanation:

The equation of a line is y = mx + b

Where:

  • m is the slope
  • b is the y-intercept

First, let's find what m is, the slope of the line.

Let's call the first point you gave, (-3,1), point #1, so the x and y numbers given will be called x1 and y1.

Also, let's call the second point you gave, (2,-1), point #2, so the x and y numbers here will be called x2 and y2.

Now, just plug the numbers into the formula for m above, like this:

m = -\frac{2}{5}

So, we have the first piece to finding the equation of this line, and we can fill it into y=mx+b like this:

y=-\frac{2}{5}x + b

Now, what about b, the y-intercept?

To find b, think about what your (x,y) points mean:

  • (-3,1). When x of the line is -3, y of the line must be 1.
  • (2,-1). When x of the line is 2, y of the line must be -1.

Now, look at our line's equation so far: y=-\frac{2}{5}x + b. b is what we want, the --\frac{2}{5} is already set and x and y are just two 'free variables' sitting there. We can plug anything we want in for x and y here, but we want the equation for the line that specfically passes through the two points (-3,1) and (2,-1).

So, why not plug in for x and y from one of our (x,y) points that we know the line passes through? This will allow us to solve for b for the particular line that passes through the two points you gave!

You can use either (x,y) point you want. The answer will be the same:

  • (-3,1). y = mx + b or 1=-\frac{2}{5} * -3 + b, or solving for b: b = 1-(-\frac{2}{5})(-3).b = -\frac{1}{5}.
  • (2,-1). y = mx + b or -1=-\frac{2}{5} * 2 + b, or solving for b: b = 1-(-\frac{2}{5})(2). b = -\frac{1}{5}.

See! In both cases, we got the same value for b. And this completes our problem.

The equation of the line that passes through the points  (-3,1) and (2,-1) is y=-\frac{2}{5}x-\frac{1}{5}

8 0
3 years ago
In circle p what is the measure of arc ab
S_A_V [24]
Remember the arc is equal to the central angle, so ab will equal angle APB. they told you angle APB is a right angle, how many degrees is this? that is what ab will be also:)
4 0
3 years ago
represents a line that passes through (3, –2) with a slope of negative StartFraction 4 Over 5 EndFraction?
erik [133]

Answer:

y =  \frac{4}{5} x -  \frac{22}{5}

Step-by-step explanation:

y = mx + b

- 2 =  \frac{4}{5} (3)  + b \\  - 2 =  \frac{12}{5}  + b \\  - 2 -  \frac{12}{5}  = b \\   - \frac{10}{5}  -  \frac{12}{5}  = b \\  -  \frac{22}{5}  = b

Therefore, the equation of the line that goes through point (3, -2)and has slope ⅘ is

y =  \frac{4}{5} x  -  \frac{22}{5}

6 0
2 years ago
NEED HELP ASAP PLEASE!!!
maks197457 [2]

Answer:

its seven

Step-by-step explanation:

5 0
2 years ago
Evaluate −9 − (−4).<br><br> 5<br> −5<br> 13<br> −13
elena-s [515]
-5, because subtracting a negative is the same as adding a positive, which will bring -9 up to -5
3 0
3 years ago
Read 2 more answers
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