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Feliz [49]
3 years ago
11

After 7 years, an initial investment of $600 earned $84. Find the interest rate

Mathematics
1 answer:
Salsk061 [2.6K]3 years ago
8 0

Answer:

2%

Step-by-step explanation:

Solving our equation

r = 84 / ( 600 × 7 ) = 0.02

r = 0.02

converting r decimal to a percentage

R = 0.02 * 100 = 2%/year

The interest rate required to

accumulate simple interest of $ 84.00

from a principal of $ 600.00

over 7 years is 2% per year.

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5 0
3 years ago
What is 3 1/6 + 2 5/6
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The answer you are looking for is 6.

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4 0
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A company is making a new label for one of their containers. The container is a cylinder that is 9 inches tall and 5 inches in d
nydimaria [60]

Answer:

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Step-by-step explanation:

Data obtained from the question include the following:

Height (h) = 9 in.

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Radius (r) = Diameter (d) /2

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This is illustrated below:

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The surface area of the cylinder is 180.55 in².

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