The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
Answer:
2.54. Calculate the approximate value:2.6 *
Step-by-step explanation:
Answer:
large truck = 45miles small truck = 60miles
Step-by-step explanation:
180/4 and 180/3
ok so divide 1500 by 250 to determine how many boxes you need to by in 1 year
so that equals 6 then you multiply that by $30 to find the total cost of all the diapers per year so the is $180 per year and then multiply that by 3 to find the cost of all 3 years
So the answer is you will spend $540 in total
Answer:
Just saying I LOVE THESE the slope is 3/2
Step-by-step explanation:
