If your looking how to plot this on a graph idk but I know its something like 15.00x>200
0.15y<200
I think... I'm not sure... but it would make sense lol :)
Answer:
0
Step-by-step explanation:
Answer:
8.4%
Step-by-step explanation:
let x = interest rate
55,000(1 + x)^16 = 200,000
divide both sides by 55,000
(1 + x)^16 = 3.636
find the invese of 16
1 + x = 1.084
x = 0.084
x = 8.4
Answer:
$5.10
Step-by-step explanation:
15% of 34
15/100 × 34 = $5.10
Answer:
9.3%
Step-by-step explanation:
Given data
Principal=$11200
Futute value= $14345
Time= 3years
The simple interest expression is given as
A=P(1+rt)
substitute
14345=11200 (1+r*3)
14345=11200+r33600
14345-11200=r33600
3145=r33600
r= 3145/33600
r=0.093
Hence the rate is 9.3%