<h3>Y
ou have the correct answer</h3><h3>Interest rate = 21.5%</h3>
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Work Shown:
i = P*r*t .... simple interest formula
i = simple interest
i = 2075-1000 = 1075
P = 1000 = amount borrowed (principal)
r = unknown interest rate
t = 5 = time in years
So,
i = P*r*t
1075 = 1000*r*5
1075 = 5000r
5000r = 1075
r = 1075/5000
r = 0.215
r = 21.5%
Answer: try multiplication for the answer or use photomath
Step-by-step explanation:
Answer:
The answer is 3
Step-by-step explanation:
The answer is 3 because the number with x is always the slope.
Answer:
Y = 3/4 X -2
Step-by-step explanation:
Just apply the equation of a straight line (Y=mX+C), remembering that m represents the gradient of the line. This can be found by dividing the change in the y-axis by the change in the x-axis. Then substitute a set of coordinates with your obtained gradient into Y=mX+C to obtain C, i.e. the y-intercept.