Answer:
Check pdf
Step-by-step explanation:
Hello,
Please, see the attached file.
Thanks.
I don't know what you have to do but I'm trying to do my first answer srry
Annual rate = 1.05%
Simple interest formula is I = Prt * 100
Where P is principle, I is interest, r is rate and t is time.
Transpose to make r the subject
Prt * 100 = I
r = I/ Pt * 100
Substitute values into the equation.
Let I = $1260, P = $30,000 and t = 4 years
r = $1260/ $30,000 * 4 * 100
r = 0.0105 * 100
r = 1.05%
There were 20 people in a bar. 10 people left. Then 4 more people left. 6 people were left
