R = 8.5%/year
Equation:
r = (1/t)(A/P - 1)
Calculation:
Solving our equation
r = (1/2)((20475/17500) - 1) = 0.085
r = 0.085
converting r decimal to a percentage
R = 0.085 * 100 = 8.5%/year
The interest rate required to get
a total amount, principal plus interest, of $ 20,475.00
from simple interest on a principal of $ 17,500.00
over 2 years is 8.5% per year.
Answer:
5a + 9 + 2b
Step-by-step explanation:
(3a + 2a) + (4 + 5) + (b + b)
5a + 9 + 2b
<u><em>Answer:</em></u>
(m×1/3)-6=y
<u><em>Step-by-step explanation:</em></u>
- Start with m as the unknown variable.
- Now multiple that by 1/3 to find that portion of m. (m×1/3)
- Lastly, subtract 6 and set the expression equal to y. (-6=y)
- Thus we get our final equation: (m×1/3)-6=y
2 is 60, 1 is 60, 3 is 55, 4 is 120
