Tim Hanes' bank granted him a single payment loan of $1,000 for 100 days at 12 percent ordinary interest. What is the maturity v
1 answer:
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Answer:
6%
Step-by-step explanation:
- 90 + 60 = 150
- 7 + 2 = 9
- Set up a proportion:
- Cross multiply, then divide: 9 × 100 = 900, 900 ÷ 150 = 6
- So, 6% of students in 6th grade were left-handed
I hope this helps!