Answer:
5.5%
Step-by-step explanation:
To find the interest rate, use the equation: I = prt
I = Interest = $6,600
p = principal = $15,000
r = rate = unknown
t = time = 8 years
Now plug the numbers into the equation.
6,600 = 15,000 * r * 8
6,600 = 120,000 * r
Now isolate the variable by dividing both sides of the equation by 120,000.
0.055 = r
Now change the rate to a percent by moving the decimal point 2 digits to the right.
5.5% = r OR r = 5.5%
Answer:
Step-by-step explanation:
Just think of it as normal subtraction. They both have the same denominators all you need to do is subtract. 11/12-7/12 is 4/12 if you simplify which just means to find the number that both 4 and 12 can go into equally the simplified answer would be 1/3. You just need to divide 4 by both the top and the bottom (numerator and denominator).
Answer:
A(x)=f(x)-f(a)/x-a
Step-by-step explanation:
