Given the simple interest formula:
I = P•R•T
where:
I = interest
P = principal
R = interest rate
T = time (in years)
We can isolate R algebraically to find out the interest rate:
I = P•R•T
Divide both sides by P•T:
I / (P•T) = (P•R•T)/(P•T)
The formula for the interest rate is:
R = I / (P•T)
Substitute the given values into this formula to solve for the interest rate (R):
R = I / (P•T)
R = $490/ ($1,400 • 5 years)
R = $490 / $7,000
R = 0.07 or 7%
Therefore, the interest rate is 7%.
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Answer:
the answer is 28 if you multiply if not 30
<u>Answer:</u>
gradient = = 
y-intercept = 
<u>Step-by-step explanation:</u>
• The slope-intercept form of an equation takes the general form:
,
where:
m = slope,
c = y-intercept.
• We are given the equation:
To change this into the slope-intercept form, we must make y the subject:
[subtract 
from both sides]
⇒ 
[divide both sides by 3]
⇒
• Comparing this equation with the general form equation, we see that:
m =
c = .
This means that the gradient is 
, and the y-intercept is 
.
4x + 3y = 12
3y = -4x + 12
y = -4/3x + 4........so the slope (or gradient) is -4/3...because in y = mx + b form, the slope(gradient) is in the m position and the y int is in the b position....so if u wanted to know the y axis, it would be (0,4)
the x intercept (where the line crosses the x axis) can be found by subbing in 0 for y in the original equation or the slope intercept equation, and solving for x.
4x + 3(0) = 12
4x = 12
x = 12/4 = 3....so the x intercept is (3,0)
Answer: It would be 11 years old
Step-by-step explanation: uJst in case you still
