The rate of interest is 25%
<u>Explanation:</u>
Given:
Principal, P = $2,000
Amount, A = $2500
Time, t = 1 year
Rate of Interest, r = ?
We know:
On substituting the value we get:
Therefore, the rate of interest is 25%
Answer:
£5200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year,
then, solving our equation
I = 5000 × 0.02 × 2 = 200
I = £ 200.00
The simple interest accumulated
on a principal of £ 5,000.00
at a rate of 2% per year
for 2 years is £ 200.00.
16/18=3/n
8/9=0.88888888 recurring
0.8888888 recurring*3=2 2/3
n=2 2/3
Good question, I ask myself the same thibg everyday
Answer: 128.5km
Step-by-step explanation:
Since we are given the information that the distance by road from town A to town B is 257 km. To get 50% of the distance, we simply have to multiply the distance given by 50%. This will be:
= 50% × 257km
= 50/100 × 257km
= 0.5 × 257km
= 128.5km
Therefore, 50% of the distance is 128.5km.
