I dont get it look like you already did
Answer: 5/3 = 1 10/6
Step-by-step explanation: This is the right answer.
Answer: n is greater than or equals to 1, where n is an integer
Step-by-step explanation:
Answer:
m= -1
Step-by-step explanation:
Answer:
6%
Step-by-step explanation:
We have to calculate the interest rate in the note, we must follow the following steps, calculate the amount of time remaining from the year 2021, as follows:
interest is for 5 months i.e. from Aug 01 to Dec 31 for year 2021
, so it means it would be 5/12 months.
We have to calculate the interest as follows:
I = P * R * T
We replace:
200 = 8000 * R * 5/12
we solve for R
200 * 12/5 = 8000 * R
R * 8000 = 480
R = 480/8000
R = 0.06
Which means that the interest rate on the note is 6%
