Answer:
April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is given the principal and the time and the interest rate is . For this problem we have to find the interest rate given . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,
I= Prt
=> r= I/Pt
=> r= 60/600x5 = 1/50
The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.
The question we need to ask is what percent of 2 is 40?
40 is 20 times 2 so 20 would be 2,000%
We need to subract 100% from any percent change:
2,000% - 100% = 1,900%
ANSWER: 1,900%
Answer: True
Step-by-step explanation:
Answer:duuno i wanted to help
Step-by-step explanation:
thnx
The answer is (B) 8. have a nice day
