Are you sure that’s the problem?
Simple interest doesn't compound, so we just find the interest she needs by dividing 4,000 by 8, and then divide that number by her principal to find the rate of interest.
4,000 ÷ 8 = 500
She needs 500 dollars per year in interest.
800 ÷ 14,100 = .0355 = 3.55%
Answer is B
Answer:
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Step-by-step explanation:
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Answer:
25/7 acres or 3 4/7 acres
Step-by-step explanation:
The sold 2/7 of the land.
1 - 2/7 = 7/7 - 2/7 = 5/7
They have 5/7 of the land left.
5/7 of 5 acres = 5/7 × 5 acres = 25/7 acres = 3 4/7 acres
