(24)(20)2= 960 the answer to the question
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
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Answer:
20%
Step-by-step explanation:
We can start by finding out how much the price of the television was reduced by.
250 - 200 = 50
Now, we need to know what percent of 250 is 50? Let x represent the percent of 250 that is 50. Using this, we can set up an equation:
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Notice that a percentage can also be written as that number over 100.


Reduce the fraction (250 and 100 have a common factor of 10)

Reduce the fraction again (25 and 10 have a common factor of 5)

Multiply both sides by two

Divide both sides by 5

Therefore the price of the television was reduced by 20%.
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Which steps would you use to solve this equation? p+7=12

We can solve this equation in one step only, and this is the step:-
Subtract 7 from both sides
p=12-7
p=5
<h3>Good luck.</h3>
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