The rate of interest is 75 % per year
<em><u>Solution:</u></em>
Given that, Jamerra received a $3,00 car loan
she plans on paying off the loan in 2 years
<em><u>Jamerra will have paid $450 in interest</u></em>
Therefore, we get
Principal = $ 300
Number of years = 2
Simple Interest = $ 450
Rate of interest = ?
<em><u>The simple interest is given by formula:</u></em>

Where,
"p" is the principal and "n" is the number of years and "r" is the rate of Interest
<em><u>Substituting the given values we get,</u></em>

Thus rate of interest is 75 % per year
Answer:
16 : 14 = 30 : 26.25
Step-by-step explanation:
If rounded:
16 : 14 = 30 : 26
121- 88 = 33 miles traversed in 30 minutes.
d = r*t
33 = r* (.5 hr)
Solve for r.
Average speed will be in miles per hour.
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