The formula is
A=p (1+r)^t
A future value 572.6
P present value 560
T time 6/12 =1/2=0.5
R interest rate?
We need to solve for r
R=(A/p)^(1/t)-1
R=(572.6÷560)^(1÷0.5)−1
R=0.0455×100
R=4.55%
Answer:
2.7
Step-by-step explanation:
Let x be a number of skateboards and y be the number of bicycles in Eddie's repair shop.
Eddie asks the girls to order 54 new wheels for 21 skateboards and bicycles, then
x+y=21.
One scateboard has 4 wheels, then x scateboards have 4x wheels, one bicycle has 2 wheels, then y bicycles have 2y wheels. In total there should be ordered 54 wheels, so
4x+2y=54.
Solve the system of equations:

From the first equation
Substitute it into the second equation:

Then

Answer: 6 scateboards and 15 bicycles.