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
What is the area of this tile?
Tju [1.3M]
Area for a rectangle/square is always:

Length x width = Area

Plug in the values:


4 x 1 = 4.

Thus, the area is 4 inches^2



4 inches squared...


Hope this helps!
8 0
3 years ago
Read 2 more answers
For the arithmetic series 1/3+4/3+7/3+.... determine S7
Maurinko [17]

Answer:

S7 = 70/3

Step-by-step explanation:

Given:

series: 1/3+4/3+7/3+....

a = 1/3

Find:

S7

Computation

d = a2-a1

d = 4/3 - 1/3

d = 1

⇒ Sn = n/2[2a+(n-1)d]

⇒ S7 = 7/2[2(1/3)+(7-1)1]

⇒ S7 = 7/2[2/3+6]

⇒ S7 = 7/2[20/3]

S7 = 70/3

4 0
3 years ago
What is the line number of 4-3/5.
Furkat [3]
I hope this helps you

5 0
4 years ago
Determine the slope intercept form of the linear equation x/2-y+6=0
luda_lava [24]

Answer:

General equation of a line:

y = mx + b

then express in that form:

\frac{x}{2}  - y + 6 = 0 \\ \\   - y =  -  \frac{x}{2}  - 6 \\  \\ { \boxed{ \boxed{y =  \frac{1}{2} x + 6}}}

4 0
3 years ago
A family raised $1000 for their initial investment. If they invest the money in an account that earns 5% interest compounded ann
maksim [4K]

Answer:

8 or 3

Step-by-step explanation:

6 0
4 years ago
Other questions:
  • Help me with this problem pleas
    14·2 answers
  • Select the correct answer.
    14·1 answer
  • Does (9,8) make the inequality y < 10×+8 true
    13·2 answers
  • 7. The sixth grade class took a trip to the local fast food burger chain for lunch. They bought 1950
    14·1 answer
  • Solve 4x + y = 19 3x-2y =6
    15·2 answers
  • Is 71.08 greater than 71.106
    13·1 answer
  • Sasha’s daily tips this work week were $43, $32, $65, $88, $50, and $72. Is Sasha correct in thinking that the mean accurately r
    10·2 answers
  • Which fraction is equivalent to -3/7<br>A: -7/3<br>B:3/-7<br>C:3/7<br>D:7/3​
    9·1 answer
  • Smith can pick 115 strawberries in 5 minutes. How many strawberries can he pick per one minute?
    15·1 answer
  • 2/3 + y = 1/4. solve for y
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!