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Lena [83]
4 years ago
7

With interest of $1,832.00 and a principal of $16,000 for 206 days, use the ordinary interest method to determine the rate.

Mathematics
2 answers:
nexus9112 [7]4 years ago
5 0
<span>I = 1832 </span>
<span>P = 16000 </span>
<span>T = 206/365 years </span>
<span>Rate of interest = [100*I] / [P*T] </span>
<span>= [100*1832] / [16000*206/365] </span>
<span>= 20.29% per annum</span>
sergey [27]4 years ago
3 0

Answer:

20%

Step-by-step explanation:

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3 years ago
A cell phone company charges a monthly fee plus $0.25 for each Text message. The monthly fee is $30.00 and you owe $59.50. How m
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5 0
3 years ago
Alicia receives 2/5 of a $120 gift, and Jason receives 1/3 of the gift. What is the ratio of Jason's share to Alicia's share? Ex
maria [59]

Answer:

5/6

Step-by-step explanation:

Step 1: Find Alicia's share of the gift. To do this, all you have to do is multiply 120 by 2/5, which is 40%. 120 * 40% (0.4) is 48. Alicia's share is $48.

Step 2: Find Jason's share of the gift. In this case, divide 120 by 3. 120/3 is 40. Jason's share is $40.

Step 3: Express the numbers as a fraction and simplify it. 40/48 is the common fraction. Find the GCF of 40 and 48. When you solve for it, the GCF is 8. Divide both the numerator and the denominator by 8. 40/8 is 5/ 48/8 is 6. There. 5/6 is our simplified fraction, which is the ratio.

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3 0
3 years ago
Read 2 more answers
Rebecca gets a part time job in order to pay for her cheerleading uniform. her employer tells her that she will be earning $7.25
qwelly [4]

<u>Answer:</u>

$1972

<u>Step-by-step explanation:</u>

We are given that Rebecca will earn $7.25 per hour for her job and she is promised to have 34 hour workdays per week.

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4 0
3 years ago
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