Step-by-step explanation:
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Answer: the answer is -5
Step-by-step explanation:
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Answer:
The percentage rate is 4.5%
Step-by-step explanation:
The simple interest earned in this situation is $1270 - $1000, or $270.
the simple interest formula is i =prt.
Here, i = $270 = ($1000)(r)(6 yr).
$270
Then r = ------------------- = 0.045
$1000(6 yr)
The percentage rate is 4.5%
Answer:
15%
Step-by-step explanation:
We have the followign simple interest formula
FV (aka AV)=PV(1+it)
which means that we have
(800+360)=800(1+3i)
1.45=1+3i
.45=3i
.15=i
15%
1/2, 4/8, etc. Because they all equal to one half. <span />