Answer:
Step-by-step explanation:
Answer: this question is incomplete
Step-by-step explanation:
Step 1, all the exponents are multiplied by 2
Answer:
1.2%
Step-by-step explanation:
Solving our equation
r = 10.2 / ( 425 × 2 ) = 0.012
r = 0.012
converting r decimal to a percentage
R = 0.012 * 100 = 1.2%/year
The interest rate required to
accumulate simple interest of $ 10.20
from a principal of $ 425.00
over 2 years is 1.2% per year.
Answer:
B
Step-by-step explanation:
1. Add all of the assets($12,700) and all of the liabilities($10,700).
2. Subtract the liabilities from the assets.