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.
Answer:
it is not possible result is not given so it is not possible
Answer:
<u>13/15 </u>
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Decimal Form: 0.86
Not sure if you would've preferred a step-by-step solution. Sorry! Hope you find this helpful, good luck!
Answer:
thats it all of them are 69
T = Total income
N = Number of purses
35N = the selling price of each purse
17N = Cost of each purse
T = 35*N - 17*N - 75
T = 18N - 75
If she wants here total income to be 350 dollars, it will take
T = 350 ; N = unknown.
350 = 18N - 75 Add 75 to both sides.
350 + 75 = 18N
425 = 18N
Rounded N = 24 <<<< Answer. The actually number is 23.611 but you can't sell 0.611 of a purse.
