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sladkih [1.3K]
3 years ago
7

Find the annual simple interest rate. I=$17, P=$500, t=2 years

Mathematics
2 answers:
wel3 years ago
5 0
R=I/Pt is the formula for simple interest rate, so plug in the number given to solve for r :)

Work:
r=17/(500*2)
r=17/1000
r=0.017

To change to a percentage, move the decimal point in 2 times.

Final Answer: 0.017 OR 1.7%


yan [13]3 years ago
3 0
500 * i * 2 = 17
1000i = 17
i = 17/1000
i = 0.017

0.017 = 1.7%

answer: annual simple interest rate is 1.7%
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\textsf{Hey \: there}

<h2>QUESTION</h2>

\mathsf{-0.5(14a - 22)}

<h2>FIRST YOU HAVE TO DISTRIBUTE:</h2>

\mathsf{(-0.5)(14a) + (-0.5)( -22)}

<h2>SOLVING FOR OUR ANSWER</h2>

\mathsf{(0.5)(14a) =  - 7a} \\   \\  \mathsf{( - 0.5)( - 22) = 11}

<h2 /><h2>NEW EQUATION/THE ANSWER YOU WERE LOOKING FOR </h2>

\boxed{ \bf{your \: answer:} \boxed{ \huge \textsf{  \bf- 7a  + 11}}} \checkmark

<h2>GOOD LUCK ON YOUR ASSIGNMENT AND ENJOY YOUR DAY!</h2>

~

\dfrac{\frak{LoveYourselfFirst}}{:)}

<h2>SIDE NOTE: THE DISTRIBUTIVE FORMULA IS</h2>

\text{a(b + c)} \\  \text{a(b) + a(c)} \\ \text{a(b) = ab} \\  \text{a(c) = ac} \\ \text{ \underline{ = ab + ac}}

:

5 0
2 years ago
Read 2 more answers
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