Answer:
to be honest I dont know
Step-by-step explanation:
I dont know how.
I’m lost cuz there ain’t no problem? Lol
Answer:
April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is given the principal and the time and the interest rate is . For this problem we have to find the interest rate given . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,
I= Prt
=> r= I/Pt
=> r= 60/600x5 = 1/50
The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.
Your answer is correct!! 2/3
Answer:
V=235.62
Step-by-step explanation:
U~U
