1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
−2(x+1/4)+1=5 ​<br> whats the value of x
harkovskaia [24]

The value of x is: Solve for x by simplifying both sides of the equation, then isolating the variable.

x=−9/4


4 0
3 years ago
Do you like my drawing
rosijanka [135]

Answer:

yes!!!

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
Please help for brainliest: <br> Write the expression p^-2 in positive exponential form
koban [17]

Answer:

1/p^2

Step-by-step explanation:

To get rid of a negative exponent, make it under a 1/

7 0
3 years ago
Read 2 more answers
PLEASE HELP!!!! The quadratic functions f(x) and g(x) are described as follows: f(x) = -2x ^ 2 + 9
VladimirAG [237]

Answer:

g(x) has a greater maximum value than f(x).

Step-by-step explanation:

I just took the test!

8 0
2 years ago
Write an equation in slope-intercept form from the linear inequality graphed in the picture.
stepladder [879]

Answer:

  • equation: y = x+3
  • inequality: y < x+3

Step-by-step explanation:

The slope of the line is 1 unit of rise for 1 unit of run, so ...

  m = rise/run = 1/1 = 1

The y-intercept is 3 grid lines above the x-axis, so is (0, 3).

Then the equation of the line is ...

  y = 1x +3

The inequality has that line as a boundary, but the y-values on the line are not part of the solution space. Only y-values below the line (less than those on the line) are in the solution. The inequality is ...

  y < x +3

3 0
3 years ago
Other questions:
  • What function is represented below?
    5·2 answers
  • In a state where license plates contain six digits, what is the probability that the license number of a randomly selected car h
    15·1 answer
  • An elevator travels 310 feet in 10 seconds. At that speed, how far can't his elevator travel in 12 seconds?
    6·1 answer
  • If f(x) = 3x + 2 and g(x) = x2 + 1, which expression is equivalent to (fx g)(x)?
    10·1 answer
  • If 25 Y - 80 is equal to minus 50 then the value of Y is
    12·2 answers
  • Heo started to solve the quadratic equation (x + 2)2 – 9 = –5. He added 9 to both sides and the resulting equation was (x + 2)2
    10·1 answer
  • I need a littile helpppppppppppppp
    15·2 answers
  • Enter the data to create a histogram and use the drop-down menus to complete the statements.
    12·1 answer
  • Figure 1 is similar to figure 2. What is TS?<br>1 unit<br>4 units<br>8 units<br>2 units​
    8·1 answer
  • A teacher summarizes grades on an exam by,Min = 26, Q1 = 67, Q2 = 80, Q3 = 87, Max = 100, Mean = 76, Mode = 100, Standard deviat
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!