Answer: Jon has the best rate
Step-by-step explanation:
Answer:
3.2%
Step-by-step explanation:
The computation of the annual rate of interest is shown below:
As we know that
Simple interest = Principal × rate of interest × time period
($1,857.60 - $1,800) = $1,800 × rate of interest × 1
$57.60 = $1,800 × rate of interest × 1
So, the rate of interest is
= $57.60 ÷ $1,800 × 100
= 3.2%
Hence, the rate of interest on annual basis is 3.2%
Answer:
503
Step-by-step explanation:
The experimental probability of the computer generating a 2 is 20%.
<h3>What is the experimental probability?</h3>
The experimental probability determines the odds an event would happen based on the results of an experiment.
Experimental probability = ( number of times a 2 was generated / total number of numbers generated) x 100
(16 / 80) x 100 = 20%
To learn more about probability, please check: brainly.com/question/13234031
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