The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
Answer:
the 1 one
Step-by-step explanation:
Okay well Ms. Carlson has more money than Ms. Lee, about $7,142.2 more than her. PART A ANSWER: Ms. Carlson.
Together they have $7,148.799. to estimate it to the closest tens it would be $7,150. PART B ANSWER:$7,150
It would be sometimes because it can be 82.2% but if you round it the closest one would be 80% if it was 84.7% its closer to 85 so it would be 85% I hope I helped you out rate the answer if I got it right thanks!
We have the expression
We can already simplify x because it's both on the numerator and denominator
Now we can simplify 425/25 = 17
Remember that
Then
The final result is
