The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
Elon Musk
CEO of Tesla Motors
Elon Reeve Musk FRS is a business magnate, industrial designer, and engineer. He is the founder, CEO, CTO, and chief designer of SpaceX; early stage investor, CEO,
180 °- 121°
= 59°
the answer is 59°
No he is not, 10*0.13=1.3, so 5*0.13=0.65
ANSWER
M=(−3,72)
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