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BlackZzzverrR [31]
3 years ago
9

If the simple interest on 3,000​$ for 3 years is ​450$​, then what is the interest​ rate?

Mathematics
1 answer:
Artyom0805 [142]3 years ago
4 0

Answer/Step-by-step explanation:

The interest rate is 15% for every 3 years. To find the interest rate subtract the money from the total. Then, divide the total from the difference. Now subtract the quotient from 100 and multiply it by 100 to fin the percentage.

3000 - 450 = 2550

2550 ÷ 3000 = 0.85

100 - 0.85 = 0.15

0.15 x 100 = 15%

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UkoKoshka [18]
Answer: x = (sqrt(7) + 2)/3 and
x = ( – sqrt(7) + 2)/3

Explanation:

3x^2 - 4x - 1 = 0

Divide both sides by 3:

3x^2/3 - 4/3x - 1/3 = 0/3
x^2 - 4/3x - 1/3 = 0
x^2 - 4/3x = 1/3
x^2 - 4/3x + (2/3)^2 = 1/3 + (2/3)^2
(x - 2/3)^2 = 1/3 + 4/9
(x - 2/3)^2 = 7/9

Sqrt both sides:

x - 2/3 = sqrt (7/9)
x - 2/3 = |sqrt(7)/3|

Set x -2/3 = sqrt(7)/3

=> x = (sqrt(7) + 2)/3

Set x - 2/3 = - sqrt(7)/3

=> x = ( - sqrt(7) + 2)/3
6 0
3 years ago
mrs. Hudson invested $700 into an account that draws 3% interest, compounded annually. what is the total value of the account af
nadezda [96]
700 x .03 x 20 = 420
420 + 700
1120 is in the account after 20 years
7 0
3 years ago
The perimeter of a rectangle is 24 in.and its length is 3times its width. What are the length and width of ThE rectangle?
Mama L [17]

let w = width and 3w = length

perimeter is the distance around the outside of the object or P = 2L + 2W

2(3w) + 2w = 24

6w + 2w= 24

8w = 24

w= 3

3w= 9

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8 0
3 years ago
Read 2 more answers
Solve the problems. Write the complete proof in your paper homework and for online (only) respond to questions or statements (if
garri49 [273]

Answer:

AB=15  BD=18

Step-by-step explanation:

AB is 15 because AB=AC and AC is 15

BD:

Using the Pythagorean Theorem

10²+15²=√325

√325=18

10 is from AB-CD

15 is the height which is AC

6 0
3 years ago
Mr. Smith borrowed $22,000 to purchase stock for his baseball card shop. He repaid the simple interest loan after four years. He
Stella [2.4K]

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.
  • R is the interest rate.
  • 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

#SPJ1

7 0
2 years ago
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