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Kipish [7]
3 years ago
14

If the simple interest on $5,000 for 4 years is $1,600, then what is the interest rate?

Mathematics
1 answer:
matrenka [14]3 years ago
8 0

Answer:

0.08, or 8%

Step-by-step explanation:

The appropriate formula is i = p*r*t, where p is the principal, r is the interest rate as a decimal fraction, and t is the time in years.

We want to calculate r when i, p and t are known.

                                                           i

Solving i = p*r*t for r, we get r = ------------

                                                       p*t

The interest rate in this case is

        $1600

r = ---------------- = 0.08, or 8%

      $5000*4

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Answer:

see below

Step-by-step explanation:

total - no nuts = nuts    186 - 104 = 82

total - o raisin = chip = 82 - 40 =42

2/3 of the cookies are c chip 2/3 * 186 = 124

124- 42 = 82  no nuts

104 - 82 = 22

40 +22 = 62

                   c chip               o raisin               total

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no nuts          82                    22                          104

total             124                     62                           186

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3 years ago
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maw [93]

Answer:

x=1/2, x=-3

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

You could do this a couple of ways. If you wanted to change your equation into slope-intercept form to make it easier for you, then you can do as follows:

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Answer:

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Step-by-step explanation:

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