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Answer:
11.5
Step-by-step explanation:
Simple interest formula:
where
I = interest
P = principal
r = rate
t = time
In your case,
P = $4,000
I = $4,920 - $4,000 = $920
t = 2 years
So,
The rate as decimal is 0.115 that is 11.5% as percent
Answer:
see explanation
Step-by-step explanation:
Parallel lines have equal slopes
The product of the slopes of perpendicular lines = - 1
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
All the equations given are in slope- intercept form
y = 2x + 1 → with m = 2
y = x - 4 → with m =
y = x + 1 → with m = 1
y = - x - 3 → with m = -
y = 10 + x → y = x + 10 → with m = 1
Thus
y = x + 1 and y = 10 + x are Parallel since both have m = 1
y = 2x + 1 and y = - x - 3 are Perpendicular since 2 × -
= - 1