After 2 years, $700 deposited in a savings account with simple interest had earned $98 in interest. What was the interest rate?
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Answer:
$125 in a year ($2,625 total)
Step-by-step explanation:
We know that a percentage is out of 100 so we set up a proportion:
5/100 = x/2500
When we crossmultiply we get 12,500 then we divide by 100, getting us 125.
The limit of the expression as x approaches -3 is -24
<h3>How to determine the limit of the expression?</h3>The expression is given as:
As x approaches -3.
The limit expression becomes
Substitute -3 for x in the expression
Evaluate the expression
Hence, the limit of the expression as x approaches -3 is -24
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