About 296 students are still in the school. but technically, all 368 students are still attending a school, just not the same one.
Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Draw out a number line with the values 0, 5, 10, 15, 20, 25, 30, etc (basically multiples of 5)
Then plot a point at 25
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Or you can draw out a number line with the multiples of 10, so with the values 0, 10, 20, 30, ...
Then plot a point at the exact midway point between 20 and 30 to represent the value 25
