An easier way of doing this would be to subtract the initial attitude from the final attitude and divide by the rate of increase
= 30000 - 6000÷4000
= 24000÷4000
=6mins
What's the question being asked here?
253. First, I squared 8, to get 64, then multiplied that by 12. I subtracted 9 from this because 3x3 is 9 to get 759. Then, divide this by 3 to get 253. Hope this helped!
Answer:
interest rate is 38.68 %
Step-by-step explanation:
Given data
installment = $60
time = 36 months = 36/12 = 3 years
principal = $1000
to find out
interest rate
Solution
we know student pay $60 for 36 months
so he pay total = 60 × 36 = 2160
total amount pay by student = $ 2160
so we can find interest rate by given formula
rate = (1/time)(amount/Principal - 1)
put the value time amount and principal here
rate = (1/3)(2160/1000 - 1)
rate = 0.386667
interest rate is 38.68 %
