6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
Answer:
You can see the graph below.
To answer the question, you need to draw a vertical line from x = 12h up, until the line meets with the line.
Once the line meets with the line, draw a horizontal line from that point, and the value where this line intersects with the y-axis will be the distance from home after 12 hours.
The graph is kinda hard to read because the line is really steep, the green line is the equation y = 40*x
the red line is a line at x = 12
The black dashed line is the horizontal line that intersects with the y-axis.
In the graph, you can see that the dashed line intersects the y-axis at around y = 475.
Then a good estimate is that the distance after 12 hours is 475 (miles).
Now, we can compare this with the direct calculation, just replace x by 12 in the given line:
y = 40*12 = 480.
So our estimation is really accurate.
Answer:
1/2 and 6/1
i belive you cross multiply
so you would get 12/1
so n=12
hopw i helped
Step-by-step explanation: