Lucia is putting cookies into bags. She has 35 cookies. She wants to put 3 cookies in each bag. She divides to find out how many
2 answers:
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Answer:
R = 1.2%
Step-by-step explanation:
<u>Given the following data;</u>
Principal = 425
Time = 2
Simple interest = 10.20
To find the annual interest rate;
Mathematically, simple interest is calculated using this formula;
Where;
- S.I is simple interest.
- P is the principal.
- R is the interest rate.
- T is the time.
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>R = 1.2%</em>
<em>Therefore, the annual interest rate is 1.2 percent. </em>
Answer:
Step-by-step explanation:
So we have the equation:
To solve, subtract 5 from both sides. This is the subtraction property of equality:
The left side cancels:
Subtract on the right.
So, our answer is -7.