Given the simple interest formula:
I = P•R•T
where:
I = interest
P = principal
R = interest rate
T = time (in years)
We can isolate R algebraically to find out the interest rate:
I = P•R•T
Divide both sides by P•T:
I / (P•T) = (P•R•T)/(P•T)
The formula for the interest rate is:
R = I / (P•T)
Substitute the given values into this formula to solve for the interest rate (R):
R = I / (P•T)
R = $490/ ($1,400 • 5 years)
R = $490 / $7,000
R = 0.07 or 7%
Therefore, the interest rate is 7%.
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B = 18 because 18-5 is equal to 3 and 3x3 is equal to 9.
Answer: 6.111
Step-by-step explanation: first break it down
(12x4 + 9x3 – 10x2) ÷ 3x3
(48 + 27 - 20)/9
(75 - 20)/9
55/9
6.111
Answer:
use some memes juice
Step-by-step explanation:
memes
Answer:
-390 PLEASE GIVE BRAINLIEST
Step-by-step explanation:
y = 310 - 25(28)
y = 310 - 700
y = -390