nothing can be further simplify in this problem
Answer:
The percentage rate per annum is 2.8%
Step-by-step explanation:
We need to multiply the principal by the time, then divide the interest by the product of P×T, so:
1,600 × 5 = 8,000
224 ÷ 8,000 = 0.028
Then we convert our final product to a percentage.
0.028 to a percent is 2.8%
Answer:
Figure A is a translation of Figure 1
hope it helps...
12,500 / 100 = 125 125 x 4.5 = 562.5 562.5 x 4 = 2250
2250 + 12,500 = 14,750 He paid back a total of $14,750. Hope this helps :)
