Would it be <span>SOLVE FOR TIME TRAVELED WITH IN 60 MILES @ 12MILES/HR
DISTANCE=VELOCITY X TIME
T=S/V
T=60/12
T=5HRS
TOTAL TIME OF JOURNEY =5+3=8HRS.....ANSWER</span>
Ok the w to your question is to cross multiply <span>216=9m
m=24
</span>
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 %
Answer:
the answer might be 0.86 I don't know though
