I'm confused because there are no boxes, but maybe 2/4 3/6 5/10
Interest rate = 7%
I= PRT where I is the interest earned, p is the principal, r is rate as a decimal, and t is time in years.
A - P will give us the interest earned.
12,150 - 9,000 = 3,150
3150 = (9000)(r)(5)
3150 = 45,000r
r = 0.07
r = 7%
When an account is rounded off to its nearest dollar will
change based on the place value.
For example, the given account of money if $ 56 730, then it
will be rounded to its nearest ten thousands. Then the given amount will be
rounded to $57,000 in where the given money rounded up and gain up to $300. But
if the money will be rounded with its nearest hundreds, the money will become $
56,700. Notice that the given money rounded down and lost $30 dollars.