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zepelin [54]
3 years ago
15

You borrowed $25 from your friend. You paid him back in full after 6 months. He charged $2 for interest. What was the annual sim

ple interest rate that he charged you? Use the formula: I = Prt.
Mathematics
2 answers:
Paraphin [41]3 years ago
5 0
\bf \qquad \textit{Simple Interest Earned}\\\\
I = Prt\qquad 
\begin{cases}
I=\textit{interest earned}\to &\$2\\
P=\textit{original amount}\to& \$25\\
r=rate \\
t=years\to &\frac{1}{2}
\end{cases}

bearing in mind, "t" is in years, 6months is just 1/2 year

solve for "r", you'd get a decimal amount, multiply times 100, to get the percentage form
TEA [102]3 years ago
4 0

Answer:

Trina borrowed $460 from a friend. Her friend charged her 5% simple annual interest.Let's solve how much will Trina owe her friend in total after 3 years? Use the simple interest formula to solve.

I = prt

I = (460)(0.05)(3)

I = 460 * 0.05 = 23

I = 23 * 3 years = 69 dollars is the interest.

Trina must pay her friend a total of $460 + 69 = 529.

Step-by-step explanation:

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Paige invested 1200 at an interest rate of 5.75% compounded quarterly. Determine the value of her investments in 7 years.
iragen [17]
Use the formula A=p(1+r)^n
where 
A= value of investment
r= rate
n= time period
p= amount invested
in this question 
r= 5.75% but compounded quarterly means divide this by 4
r= 23/1600
n=7*4
n=28
p= $1200
A=1200(1+23/1600)^28

A= $1789.54

Therefore the value of her investment in 7 years is $1789.54
4 0
3 years ago
Answer using the quadratic formula (pls show work :) )
baherus [9]
-1/5, -4 I’m pretty sure and decimal form is -0.2, -4
7 0
3 years ago
Solve the following system of equations.
Elan Coil [88]

Answer:

(2,-3)

Step-by-step explanation:

I am not sure if you meant the first equation to be y or -y.  I solved it as y.

y = x-5                       -x -3y =7

I am going to take the second equation and write it as x =

-x - 3y = 7  Give equation

-x = 3y +7   Add 3y to both sides

x = -3y-7  Multiplied each term in the equation by -1 so that x could be positive

I am going to substitute -3y-7 for x in the first equation up above

y = x - 5

y = -3y -7 - 5  Substitute -3y-7 for x

y = -3y -12  Combined -7-5

4y = -12  Added 3y to both sides

y = -3  Divided both sides by 4.

I now know that y is -3, I will plug that into x = -3y-7 to solve for x

x = -3(-3) -7

x = 9-7   A negative times a negative is a positive

x = 2

5 0
1 year ago
Help pls I need answers ASAP
pishuonlain [190]

\tt Step-by-step~explanation:

To be able to solve this question, we need to know about the Pythagorean theorem: a² + b² = c². A and b represents the two sides that make the right angle, and C represents the hypotenuse, or the longest side, of the triangle.

\tt Step~1:

We know that the hypotenuse is the longest side of the triangle, so that means 9 is c. One side of the triangle is 6, and we have to solve for b. That means 6 is a. We can plug in our values to the formula like this:

\tt a^2+b^2=c^2\\6^2+b+2=9^2\\36+b^2=81

\tt Step~2:

Now that we have our equation down, we know what we have to do next: subtract 81 from 36 to get b².

\tt 81-36=\sqrt{45}

\Large\boxed{\tt Our~final~answer:~b=\sqrt{45} ~(simplified:3\sqrt{5}) }

7 0
3 years ago
Jo and Gary share marbles in the ratio 3:1 jo gets 12 how many marbles does gary get
Schach [20]

Gary gets 4 marbles, because 12/3 is 4. So for the ratio 3:1 to apply, Jo gets 12 marbles and Gary gets 4.

8 0
3 years ago
Read 2 more answers
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