6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
Answer: 12 cm
Step-by-step explanation:
The masses of the spheres are proportional to their volums, and the cube of the ratio is k^3=135/5=27 ==> k=3
The greater radius is 3*4=12 (cm)
Beats me man not enough information
Answer:
the answer is B
Step-by-step explanation:
hoped I helped:)
Answer:
50%
Step-by-step explanation:
Most people assume the toss of a coin is always a 50/50 probability, with a 50 percent chance it lands on heads, and a 50 percent chance it lands on tails
