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:
Distributive Property of Multiplication
Given:
First side(A): 2B - 7
Second side(B): B
Third side(C): B + 4
Plug in values:
A + B + C = 80
2B - 7 + B + B + 4 = 80
If you look at the coefficients only, you can rewrite the equation like this:
2B + B + B - 7 + 4 = 80
This means that 4B - 7 + 4 = 80
=4B - 3 = 80
= 4B = 80 + 3
B = 83/4, so you can either write B as 83/4 or as 20.75.
Checking your work:
A: 2(20.75) - 7 = 34.5
B: 20.75
C: 4 + 20.75 = 24.75
34.5 + 20.75 + 24.75 = 80cm.
Hope this helped.
Answer:
5(6)+0.65y
Step-by-step explanation:
$5(6hrs)+65÷100=0.65
=5(6)+0.65y
Answer:
They are used to share something among friends , Like if there are four friends and they want to divide a cake equally among themselves , then the quantity of cake that each friend will get will be one-fourth of the cake , That is a rational number 1/4.
Step-by-step explanation:
short answer it won't trust me