Hi,
By definition, interest rate is <span>the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
To find interest rate you need the principle, interest earned, and time.
</span><span>
Solve for Rate (R)
</span><span>Where: r = I / Pt
</span>
I = 837 (dollars)
P = 3100 (dollars)
t = 6 (years)
r = 837 / ( 3100 × 6 ) = 0.045
<span>r = 0.045
</span>
*converting r decimal to a percentage
R = 0.045 * 100 = 4.5%/year*
The interest rate required to accumulate simple interest of $ 837.00 from a principal of $ 3,100.00 <span>over 6 years is 4.5% per year.
</span>
In short, rate: 4.5% / year
Faith xoxo
Answer:
<u>The answer in standard notation is 11'244,000. The answer in scientific notation is p * 10∧7, where p is 1.1244 and q is 7.</u>
Step-by-step explanation:
Let's answer the question correctly this way:
Population of New York State = 19'650,000
Population of New York City = 8'406,000
Population that do not live in New York City = 19'650,000 - 8'406,000
Population that do not live in New York City = 11'244,000
Population that do not live in New York City in scientific notation = 1.1244 * 10⁷
<u>The answer in standard notation is 11'244,000. The answer in scientific notation is p * 10∧7, where p is 1.1244 and q is 7.</u>
i have less sympathy for ur crying when you copy and paste this question and ask it again three times. why dont you just ask it once? everyone answers anyway
Answer:
31.75
Step-by-step explanation: