1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
True [87]
3 years ago
12

Pablo borrowed $50,000 to start a business. Three years later, he repaid the $50,000 along with an interest of $9,375. What was

the annual interest rate? Round your answer to two decimal places.
Mathematics
2 answers:
givi [52]3 years ago
6 0

Answer:

6.25%

Step-by-step explanation:

weeeeeb [17]3 years ago
5 0

Answer:

The annual interest rate is 5.89%.

Step-by-step explanation:

Principal =  $50,000

Interest = $9,375

Amount = Principal +interest

Amount = $50,000+$9,375

Amount = $59375

Time = 3 years

We are supposed to find the rate of interest

Formula : A=P(1+r)^t

59375=50000(1+r)^3

\frac{59375}{50000}=(1+r)^3

1.1875=(1+r)^3

\sqrt[3]{1.1875}=(1+r)

1.0589=(1+r)

1.0589-1=r

0.0589=r

0.0589 \times 100=r

5.89\%=r

Hence The annual interest rate is 5.89%.

You might be interested in
compare the pair of fractions below. match the statements to the correct symbol. each symbol may be used more than once or not a
Burka [1]
Take a picture of the whole page I need to see both fractions and the symbols
5 0
2 years ago
Read 2 more answers
Convert 67°F to degrees Celsius. If necessary, round your answer to the nearest tenth of a degree.
Sav [38]

Answer:

19.4 degrees Celcius

Step-by-step explanation:

The formula of F to C is (F - 32) /  9 = C.

8 0
3 years ago
Read 2 more answers
Given the point (1, 3) and a slope of 2, write an equation in point-slope form.
Sunny_sXe [5.5K]

Answer:

y=2x+1

Step-by-step explanation:

Since we are given a point and a slope, we can use the point slope formula

y-y_{1} =m(x-x_{1})

m is the slope. In this case, m is 2.

y1 is the y coordinate of the point given. y1 is 3.

x1 is the x coordinate of the point given. x1 is 1

y-3=2(x-1)

Now, we need to get the equation into point slope form: y=mx+b

To do this, we need to get y by itself

First, distribute the 2 on the right

y-3=2*x+ 2*-1

y-3=2x-2

Add 3 to both sides

y-3+3=2x-2+3

y=2x+1

The equation is in y=mx+b form, so our final equation is:

y=2x+1

6 0
3 years ago
Prove the identity.
Delvig [45]

Answer:

D. Pythagorean

Step-by-step explanation:

Given the identity

cos²x - sin²x = 2 cos²x - 1.

To show that the identity is true, we need to show that the left hand side is equal to right hand side or vice versa.

Starting from the left hand side

cos²x - sin²x ... 1

According to Pythagoras theorem, we know that x²+y² = r² in a right angled triangle. Coverting this to polar form, we have:

x = rcostheta

y = rsintheta

Substituting into the Pythagoras firnuka we have

(rcostheta)²+(rsintheta)² = r²

r²cos²theta+r²sin²theta = r²

r²(cos²theta+sin²theta) = r²

(cos²theta+sin²theta) = 1

sin²theta = 1 - cos²theta

sin²x = 1-cos²x ... 2

Substituting equation 2 into 1 we have;

= cos²x-(1-cos²x)

= cos²x-1+cos²x

= 2cos²x-1 (RHS)

This shows that cos²x -sin²x = 2cos²x-1 with the aid of PYTHAGORAS THEOREM

5 0
3 years ago
Mhm help please! quarantine got me
Karolina [17]
The answer would be 9.4
3 0
3 years ago
Read 2 more answers
Other questions:
  • BART earned 123points and lost 180 points Sam earned 185 points and lost 225 point which person won the game explain
    8·1 answer
  • Sushil was thinking of a number. Sushil adds 72 to the number, then doubles the result to get
    15·1 answer
  • 3(2x+9) = 4+3x-1<br><br> What does x equal
    15·2 answers
  • Solve the equation.
    6·1 answer
  • Sophia did push-ups every day for 7 days. Each day after the first day, she did 5 more push-ups than the day before. In total sh
    14·1 answer
  • George was weighed at the doctor's office. The scale read 67.20 pounds. The doctor wrote 67.3 pounds on George's chart. Did the
    11·1 answer
  • In a right triangle, a and b are the lengths of the legs and c is the length of the hypotenuse. If a = 9 yards and b = 40 yards,
    11·2 answers
  • Please help with this<br> Please explain your answer<br> Will give brainliest
    12·2 answers
  • Macario is making 12 pounds of nut mixture with macadamia nuts and almonds. Macadamia nuts cost $9 per pound, and
    13·2 answers
  • . <br> Find the value of x for which ABCD must be a parallelogram.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!