6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
The answer for this question is 4.
Answer:
Step-by-step explanation:
<u>For old circular garden:</u>
take the radius as r.
then use the formula to find area of circle: πr² ......this is old garden area.
<u>For new enlarged garden:</u>
the radius is twice the old radius so, radius = 2 * r = 2r ......enlarged radius
now find area for this new garden: π(2r)² → 4πr²
In common fractions: (old garden)/(new garden)
: ( πr² ) / ( 4πr² )
: 1/4
Answer:
0.26
Step-by-step explanation:
A (x , y), radius of circle = 1
y/radius = y/1 = sin 15°
y = 0.26
