Answer:
April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is given the principal and the time and the interest rate is . For this problem we have to find the interest rate given . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,
I= Prt
=> r= I/Pt
=> r= 60/600x5 = 1/50
The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.
Answer: 0.0228
Step-by-step explanation:
please check photo explanation
Answer:
The bottom is 11
The median is 12
Step-by-step explanation:
The median is the average of the top and bottom
(13+ 2x-3) /2 = 4x-16
Combine like terms
(10+2x)/2 = 4x-16
Divide by 2
5+x = 4x-16
Subtract x from each side
5+x-x = 4x-16-x
5 = 3x-16
Add 16 to each side
5+16 = 3x-16+16
21 = 3x
Divide by 3
21/3 = 3x/3
7 =x
The bottom is 2x-3 = 2*7-3 = 14-3 = 11
The median is 4x-16 = 4*7-16 = 28 -16 = 12
The values of a and b equals 10
