Answer:
The annual interest rate is 12.05%.
Step-by-step explanation:
The simple interest is given by the formula:
Where I denotes interest.
P denotes the principal amount.
R denotes the rate of interest
and T denotes the time period.
I=$160.67, P=$2000, t=8 months=8/12 years (Since 12 months=1 year so 1 month=1/12 year)
Hence, the annual interest rate is 12.05%.
How to solve this: (in case you need it)
4n-18=52
4n-18+18=52+18
4n=70
4n/4=70/4
n=35/2
Answer:
(2.5, -.25)
Step-by-step explanation:
I'm not positive that I know exactly what they want on this one....but since you specifically asked me to look at your other question, I tried.
See pic.
Let's start out by setting up three separate equations for each customer.
d = cost of drink, f = cost of fries, h = cost of hamburger
Miller Family: 4h + 3f = 13.27
James: d + h + 2f = 6.33
Steven: 2h + f + d = 7.04
Since the Miller's didn't order any drinks, let's start by using substitution to find the cost of d between James and Steven.
Let's isolate d with James:
d + h + 2f = 6.33
d = 6.33 - h - 2f
Now let's plug that into Steven's equation:
2h + f + d = 7.04
2h + f + (6.33 - h - 2f) = 7.04
h - f + 6.33 = 7.04
h - f = 0.71
h = 0.71 + f
Let's plug that new h into the Miller Family's equation:
4h + 3f = 13.27
4(0.71 + f) + 3f = 13.27
2.84 + 4f + 3f = 13.27
2.84 + 7f = 13.27
7f = 10.43
f = 1.49
So medium fries cost $1.49
Let's plug f back into the Miller Family's equation to get h:
4h + 3f = 13.27
4h + 3(1.49) = 13.27
4h + 4.47 = 13.27
4h = 8.8
h = 2.2
So a hamburger costs $2.20
Let's plug h and f into Steven's equation to calculate d
2h + f + d = 7.04
2(2.2) + (1.49) + d = 7.04
4.4 + 1.49 + d = 7.04
5.89 + d = 7.04
d = 1.15
So a medium drink costs $1.15
The answer is B. Drink = $1.15, Fries = $1.49, Hamburger = $2.20
