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topjm [15]
3 years ago
14

If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.

Business
1 answer:
miss Akunina [59]3 years ago
3 0
I believe it's 1% because the formula to find unemployment rate is number of unemployed, divided by labor force which is both employed and unemployed, so 1 million divided by 100 million = 0.01
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Pierce currently has $10,000. What was the value of his money five years ago if he has earned 5 percent interest each year?. . .
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Amount = $10000
Let us assume the principal = x
Amount of interest = 5%
Time = 5 years
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x (1 + i)^t = 10000
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5 0
3 years ago
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hjlf
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3 0
3 years ago
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​enrique borrowed $3600 to put a down payment on a motorcycle. the loan had a simple interest rate of 8% for 2 years. use the fo
Rudik [331]

Answer:

The amount of interest is $576.

Step by step explanation :

Given : ​Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had a simple interest rate of 8% for 2 years.

To find : The amount of interest he will pay on the loan.

Solution : Using the formula,

I=P\times R\times T

Where, I= Interest , P=principal , R= rate, T=time in years

We have given that :

P=$3600

R=8%=0.08

T=2 years

Substitute value in the formula to find interest,

I=P\times R\times T

I=3600\times 0.08\times 2

I=576

Therefore, The amount of interest is $576.

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klemol [59]
I think it might be the first option
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