Answer:
FINE ITS A AND B
Step-by-step explanation:
You have the formula. Put in the numbers and solve for r.
The interest earned in 4 years on 5000 is (6500 -5000) = 1500.
.. I = Prt
.. 1500 = 5000*r*4
.. 1500/20000 = r = .075 = 7.5% . . . . . . matches selection B
Answer:
r= -1.8
Step-by-step explanation:
Distribute
-3-18r=14-7
Combine like terms
-3-18r=7
add 3 to both sides
-18r=10
divide by -18
r=-1.8