Based on the calculations, the interest rate on the stock in four (4) years is equal to 7.1%.
<u>Given the following data:</u>
Amount borrowed (Principal) = $22,000.
Simple interest, I = $78.40.
Time = 4 year.
To determine the interest rate on the stock in four (4) years:
<h3>How to calculate simple interest?</h3>
Mathematically, simple interest can be calculated by using this formula:
I = PRT
<u>Where:</u>
- S.I is the simple interest.
- P is the principal or starting amount.
- T is the time measured in years.
Making R the subject of formula, we have:
R = I/PT
Substituting the given parameters into the formula, we have;
R = 6260/(22,000 × 4)
R = 6260/(88,000)
Interest rate = 0.071 = 7.1%.
Read more on simple interest here: brainly.com/question/24341207
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Answer:
5: c=65 d=125 e=60
6: c= 58 d= 121 e=63
7. a=55 b=64 c=61
8. a=61 b=55 c=64
Step-by-step explanation: :)
Answer:
sorry to say this but if you write the question in english it would be easy to understand
Step-by-step explanation:
Answer:
3; 4; 6; 1
Step-by-step explanation:
The base is 13 in each of the product factors, so the exponent of the product is the sum of the exponents of the factors:
- -11 +16 -3 +4 -5 = 1 . . . . matches option 3
- -21 -4 -5 +14 -6 = -22 . . . . matches option 4
- 33 -2 +5 -13 -8 = 15 . . . . matches option 6
- 0 +10 -12 +5 +4 = 7 . . . . matches option 1
