Answer:
40
a triangle has 180 degrees
As mentioned before, banks<span> basically make money by lending money at rates higher than the cost of the money they lend. More specifically, </span>banks<span> collect interest on loans and interest payments from the debt securities they own, and pay interest on </span>deposits<span>, CDs, and short-term borrowings.</span>
Answer:
interest rate = 2.9%
Step-by-step explanation:
the principal is $25,000, the interest is $10,875
Number of years = 15
We use simple interest formula
I = P*r*t
Where I is the interest amount=10,875
P is the principal amount= 25000
r is the interest rate = r
t is the number of years = 15
Plug in all the value in the formula
I = P*r*t
10875 = 25000 * r * 15
10875 = 375000 * r
Divide both sides by 375000
r=0.029
We always write rate of interest in percentage so we multiply by 100
0.029 * 100= 2.9%
So interest rate = 2.9%
If a line is parallel to another, the slopes of both lines are the same. So for this problem, you can infer that the slope of the line you're trying to find is 3.
To find the actual equation of the line, you can use the given coordinates and plug them into the point slope form:
y - y1 = m(x - x1)
plug the given y coordinate into y1 and the given x coordinate into x1. m is the slope, so plug in 3 for m.
y - 1 = 3(x +2) Use distributive property for right side of equation
y - 1 = 3x + 6 add 1 to both sides to cancel -1 on left side of equation and isolate y
Equation of line: y = 3x + 7
Round the numbers to 70 and 30, then multiply them together to get the product of 2100
