I’m not sure let me get back to u on that
According to the question the annual percentage rate is 5%, but in the online calculator he put 60%, when he needed to 5%.
We are asked to solve for the value of "x" such that when it is added in the original area of the park it will double the area. Let us compute first the area of the original dog park (A1) and the solution is shown below:
Area = Lenght*Width = L*W where L=30 yards and W=20 yards
Area = 30*20
Area = 600 yards squared
Solving for the x, when x is added to both sides which double the area:
A1*2 = (L + 2x)*W
600*2 = (30+2x)*20
1200 / 20 = 30+2x
60 = 30 + 2x
60-30 = 2x
30/2 =x
15 = x
The value of x is 15 yards.
Since we want to round the hundredth, we must look at the thousandth place. The thousandth place is 9 so we round up. The rounded number is 8.89. Hope this helps!
Answer: Simple interest rate = 3%.
Step-by-step explanation: We are given invested amount = $5000.
Number of years of investment = 4 years.
Interest earned = $600.
Simple interest formula.
I = P R T.
Where I is the earned interest, P is the invested amount , R is the rate of interest and T is the time in years.
Plugging values in formula, we get
600 = 5000 × R × 4
600 = 20000R.
Dividing both sides by 20000, we get
0.03 = R.
Multiplying by 100 to convert it in percentage, we get
0.03 × 100 = R
R = 3 %.
