With the holidays coming I have set a budget. I have $600 to spend. After I buy Nory and Nolan's gift, I have $350 left. What pe
1 answer:
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4.5 * (8-) + 36 = 102 - 2.5 * 27
4.5 * 8 - 36 = 102 - 2.5 * 27
36 - 36 = 102 - 2.5 * 27
36 - 36 = 102 - 67.5
36 - 36 = 34.5
Since we know 36 - 36 doesn't equal 34.5 its not true so there is NO ANSWER.
4.5 * 8 - 36 = 102 - 2.5 * 27
36 - 36 = 102 - 2.5 * 27
36 - 36 = 102 - 67.5
36 - 36 = 34.5
Since we know 36 - 36 doesn't equal 34.5 its not true so there is NO ANSWER.
Answer:
12%
Step-by-step explanation:
You are going to want to use a modified compound interest formula, as shown below. This version of the compound interest formula is what you use to solve for the interest rate.
r = interest rate (decimal)
n = numbers of times compounded (annually)
A = total amount
P = principal amount
<em>t = time (years)</em>
Now, lets plug in the values:
Next, multiply <em>r </em>by 100 to get our answer:
The last step is to round our answer to the nearest whole number:
12.246 -> 12