Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
1. $67.72
2. It's correct.
Step-by-step explanation:
1.
bill: $68.89
discount: $10
tip: 15%
Calculate the total with the discount.
68.89-10=58.89
Now calculate 15% of that.
Convert 15% to decimal by dividing by 100
Multiply
Add this to the original amount.
----------------------------------------------------------------------------
Calculate 20% of 148.25
Convert 20% to decimals by dividing by 100
Multiply
This is how much they will tip.
Add this to the original bill;
Answer:
42
Step-by-step explanation:
Answer:
x=5.3
Step-by-step explanation:
Graph each side of the equation. The solution is the x-value of the point of intersection.
x
≈
5.3
Hope this helps, can you now give me brainliest??
