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grigory [225]
2 years ago
8

Pas

Mathematics
1 answer:
Vlad [161]2 years ago
8 0

Answer:

1 : 3

2 : 6

4 : 12

9 : 27

Step-by-step explanation:

2nd one do 2 × 3

3rd one 12 ÷ 3

4th one 9 × 3

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On August 1, 2021, a company accepts an $8,000, 9-month note receivable. For 2021, the company reports interest revenue of $200.
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Answer:

6%

Step-by-step explanation:

We have to calculate the interest rate in the note, we must follow the following steps, calculate the amount of time remaining from the year 2021, as follows:

interest is for 5 months i.e. from Aug 01 to Dec 31 for year 2021 , so it means it would be 5/12 months.

We have to calculate the interest as follows:

I = P * R * T

We replace:

200 = 8000 * R * 5/12

we solve for R

200 * 12/5 = 8000 * R

R * 8000 = 480

R = 480/8000

R = 0.06

Which means that the interest rate on the note is 6%

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