Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
x=
1/3 and y=−6
Step-by-step explanation:
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Answer:
D
Step-by-step explanation:
If y = log x is the basic function, let's see the transformation rule(s):
Then,
1. y = log (x-a) is the original shifted a units to the right.
2. y = log x + b is the original shifted b units up
Hence, from the equation, we can say that this graph is:
** 2 units shifted right (with respect to original), and
** 10 units shifted up (with respect to original)
<u><em>only, left or right shift affects vertical asymptotes.</em></u>
Since, the graph of y = log x has x = 0 as the vertical asymptote and the transformed graph is shifted 2 units right (to x = 2), x = 2 is the new vertical asymptote.
Answer choice D is right.
Answer:
40.625%
Step-by-step explanation:
This is a very simple question.
We have to understand converting word equations to algebraic ones.
"is" means "="
"of" means "*"
So, we can write:
39 = what percent * 96
Now, we let "what percent" be "p" and solve the equation for p:
39 = P * 96
So,

Converting this decimal to percentage means multiplying by 100, so we have:
0.40625 * 100
= 40.625%