Tell your cousin good luck and that the answer is 5 :)
The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
If B is between A and C, AB = x, BC = 2x + 2, and AC = 14, find the value of x. Then find AB and BC.
Step-by-step explanation:
AB=x
BC = 2x + 2BC=2x+2
AC =14AC=14
Required
Determine x, AB and BC.
Since B is between A and C;
AB + BC = ACAB+BC=AC
Substitute x for AB; 2x + 2 for BC and 14 for AC
x + 2x + 2 = 14x+2x+2=14
3x + 2 = 143x+2=14
Collect Like Terms
3x = 14 - 23x=14−2
3x = 123x=12 '
x = \frac{12}{3}x=
3
12
x = 4x=4
Substitute 4 for x in
AB = xAB=x
BC = 2x + 2BC=2x+2
AB = 4AB=4
BC = 2(4) + 2BC=2(4)+2
BC = 8 + 2BC=8+2
BC = 10BC=10
<u>Answer:
</u>
Expression x + 2my + z represents cost of order where x, y, z are cost of small , medium and large drinks (in dollars) respectively.
<u>Solution:
</u>
Given that
Juan’s family ordered a small drink and m medium drinks.
Alex family ordered m medium drinks and a large drink.
Need to write an algebraic expression which shows total cost of both order in dollars.
Let’s assume cost of one small drink = x
And assume cost of one medium drink = y
And assume cost of one large drink = z
So now cost of order of Juan’s family is equal to cost of 1 small drink + cost of m medium drinks = 1
x + m
y
= x + my
And cost of order of Alex family is equal to cost of m medium drinks + cost of one large drink
= m x y + 1 x z
=my + z
So total cost of both order in dollars = x + my + my + z = x + 2my + z
Hence expression x + 2my + z represents cost of order where x , y , z are cost of small , medium and large drinks (in dollars) respectively.