Answer:
- <u>Categorical</u>
- <u>42.25%</u>
Step-by-step explanation:
-
CATEGORICAL, because the type of business will not be numerical.
- 30 of the 71 (23+18+30) businesses are small businesses.
30/71 = 0.4225 = 42.25%
Answer:
5
Step-by-step explanation:
Answer:
The rate of simple interest for loan was 8%
Step-by-step explanation:
Given
Principal amount = p = $6200
Time = t = 1 year
Amount after interest = $6696
We have to calculate the amount of interest first
So,
Interest amount =I= Amount after interest - principal amount
= 6696-6200
=$496
The formula for simple interest is:
The rate of simple interest for loan was 8%
Keywords: Simple interest, percentage
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