Answer:
interest rate is 38.68 %
Step-by-step explanation:
Given data
installment = $60
time = 36 months = 36/12 = 3 years
principal = $1000
to find out
interest rate
Solution
we know student pay $60 for 36 months
so he pay total = 60 × 36 = 2160
total amount pay by student = $ 2160
so we can find interest rate by given formula
rate = (1/time)(amount/Principal - 1)
put the value time amount and principal here
rate = (1/3)(2160/1000 - 1)
rate = 0.386667
interest rate is 38.68 %
Y=30x.
Whatever the number of months is you times by 30, the amount she added each month. If she had started with a certain amount you would add that to the equation. Y is the total money in the account.
Answer:
x + y are either 2 or 4
Step-by-step explanation:
conclusion x + y = 2 OR 4
Answer:
k=2
Step-by-step explanation:
3^k*2 * 3^-k+2 = 81
Factor out 81 to be : 3^4
Rewrite the equation:
k*2 - k+2 = 4
k^2 - 2k = 4
Simplify : k+2 = 4
<u> - 2 - 2</u>
k = 2
Answer: D
Step-by-step explanation: I said D because it's bigger than every other thing
