I = p * r * n
i is the interest
p is the principal
r is the interest rate per time period
n is the number of time periods.
in your problem:
i = 900
p = 2000
r = what you want to find
n = 3 years
formula becomes 900 = 2000 * r * 3
solve for r to get r = 900 / 2000 / 3 = .15
that's .15 interest rate per year = 15% per year.
at a nominal interest rate of .15 per year, the interest rate per month would be .15/12 = .0125 per month.
the remaining balance at the end of 6 month is equal to 1907.140183
Answer:
It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
Step-by-step explanation:
Points:
Slope-intercept form:
slope is:
- m= (y2-y1)/(x2-x1)= (20-10)/(7-7)= 10/0,
denominator of the fraction is zero, we can't divide by zero, so this line has no slope
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It has a slope of zero because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the numerator of a fraction cannot be zero.
- no, numerator is not zero
It has a slope of zero because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the numerator of a fraction cannot be zero.
- no, numerator is not zero
It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
Answer:
if by % this sign you mean x then
x=9
Step-by-step explanation:
x+3=12
x=12-3
x=9