The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
The answer is B, 5+7=12. You can also just subtract 5 from 12 and that’ll also give you the answer
Answer:
a)
=0.89
b) 0.8413
Step-by-step explanation:
we know that




x - N(150, 20^2)

check

Answer:
The relation between x and y is

Step-by-step explanation:
Given that,
The value of y varies directly as the square of x.


where r is constant of proportional.
Given that,
y= 27 and x=9
Plug y= 27 and x=9 in above relation





The relation between x and y is
