Answer:
Interest rate is 5.25% a year.
Step-by-step explanation:
r = (1/54)((22252.5/18000) - 1) = 0.004375
r = 0.004375
Convert decimal to percentage
R = 0.004375 * 100 = 0.4375%/month
Calculate annual rate
0.4375%/month × 12 months/year = 5.25% per year.
Answer:
A
Step-by-step explanation:
Answer:
The cost of 1 gallon is $2.5
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Step-by-step explanation:
Given
Cost of 14 gallons = $35
Required
Determine the cost of 1 gallon
From the given parameters, we have:

Divide both sides by 14



Hence,
<em>The cost of 1 gallon is $2.5</em>
Answer:
C.
Step-by-step explanation:
When you check the point that is on X, it is a little over halfway to the point 1,2. It would be like 1,1.5 or 1,1.6.
5/3 is the equivalent to 1.6 so that answer would make the most sense.