Edith wants to make a paperweight at pottery class. She wants the paperweight to have a pyramid-like shape with a base area of 1
1 answer:
You might be interested in
Answer:
17.4%
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the interest amount, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time, in year.
In this question:
He borrowed $460, so
Paid $60 interest, so
9 months. So
We have to find I.
So the correct answer is:
17.4%