1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liubo4ka [24]
3 years ago
13

Find the annual interest rate paid on this loan:

Mathematics
2 answers:
tatyana61 [14]3 years ago
5 0
$75/$5000 every 3 months. 12 months in a year, so 4 times 3 months in a year. 
Therefore the interest payed every year is $75 times 4. This is $300. $300/$5000 = $3/$50 = $6/$100. The numerator of the fraction is the desired percentage; 6%. 

6%
Vsevolod [243]3 years ago
4 0
Well, to get annually, it is every year, so you would have to multiply the interest by 4(because 3 months times 4 is 12 months, and 12 months in a year)to get it yearly
75 x 4 = 300
Now divide 300 by 5,000
300/5000 = 3/50(divide each by 100)
Now multiply each by 2 to get a 100%, because it is ony at 50% right now
3 x 2 = 6, 50 x 2 = 100
6% is your answer, hope this helped!

You might be interested in
Ok ok, Jonathan is making his favorite pasta dish. His mom ate 2/7 of the pasta, and his brother ate 1/6 of the pasta. How much
givi [52]

Answer:

It is 0.4524 rounded simply you can say 0.45

Step-by-step explanation:

if you multiply 2/7 by 6 which is 12/42 and 1/6 times 7 which is 7/42 and add both fractions you will get 19/42 which is 0.45 you can either say the answer is 0.45 or 19/42.

8 0
3 years ago
Read 2 more answers
If the nth term of a sequence is 18-8n what is the 8th term
ycow [4]

Answer:

a_{n} =18-8n\\a_{8} =18-8(8)=-46

5 0
2 years ago
Read 2 more answers
A die is rolled 3 times. What is the probability of getting 1’s on each roll?
meriva

Answer: The answer is around 16.66%

4 0
3 years ago
Read 2 more answers
Tim found a new jacket on sale. The original price was $96. The tag said that it was 25% off. What was the sale price?
Korolek [52]
$71 because you subtract $96 and the 25 percent off.
4 0
3 years ago
Pleaseee help meeeeeeeee
mina [271]

Answer:

segment d.

Step-by-step explanation:

3 0
3 years ago
Other questions:
  • Find the slope containing the points (5, 2) and (1, 6)
    9·1 answer
  • NEED HELP ASAP!!!!!!!!!!!!
    12·2 answers
  • In an algebraic expression, what separates the terms
    13·1 answer
  • Which measure of center best represents each set of data?
    11·1 answer
  • Monica is counting books she has three stacks of some number of books and then 5 more books off to the side. Write a. Expression
    15·1 answer
  • Mallorie has 5$ in her wallet. If this 10% of her monthly allowance,what is her monlthly allowance?
    14·2 answers
  • Which describes the behavior of the function f(x)= tan^-1(x)?
    5·1 answer
  • Does the quadratic function
    14·1 answer
  • One fourth of a cake was shared equally among 3 people.
    9·2 answers
  • Copper bookshelf has 3 shelves.Each shelf can hold 16 movies.He has already placed 29 movies on the shelves.How many more movies
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!