0.0392 or 3.92%
The exponential growth formula can find the interest rate.
y - tolat value (P +I) (216)
a - principal (200)
r- rate (unkown)
x - time in years (2 yrs)
Substitute known values
divide both sides by 200
take the square root of both sides
subtract 1 on both sides
r = 0.0392 or 3.92%
Answer:
56
Step-by-step explanation:
Strange question to me
Answer:
30 CDs and 10 Videos were sold.
Step-by-step explanation:
Given that a used book store also started selling used CDs and videos. In the first week, the store sold 40 used CDs and videos, at 4.00 per CD and 6.00 per video.
The sales for both CDs and videos totaled to 180.00.
Let CDs be x and Videos be y
Then we have x+y =3040
and 4x+6y = 180
Two simultaneous equations in two variables and can be solved by elimination method
multiply I equation by 4 and subtract from II.
2y = 20
y =10
x = 30
30 CDs and 10 Videos were sold.
Answer:
5
Step-by-step explanation:
