Answer:
28.8
Step-by-step explanation:
the original is 45=100%
it reduced by 36% meaning;100%-36%=64%
if45=100%
? =64%
45*64=2880/100=28.8
Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
Step-by-step explanation: the answer is you 0,7
Answer:
$500
Step-by-step explanation:
Today the price of a Jeep is $25,000.
In 1970, the price was $5,000.
We need to find the relative price. It can be calculated as follows :
So, the relative price is $500.
It is on the ten thousands value
