What is the interest rate if the principle is $32000 and the interest earned was 9600 over six years
1 answer:
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Answer:
y = ac / (a - b - c)
Step-by-step explanation:
y(a - b) = c(y + a)
Distribute
ay - by = cy + ac
Subtract cy from both sides
ay - by - cy = ac
Factor out y
y(a - b - c) = ac
Divide both sides by (a - b - c)
y = ac / (a - b - c)
Step-by-step explanation:
label the numbers (x,y) and (x2,y2)
write down the distance formula
replace the xs and ys by the numbers and then solve them
