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Mr. Gardener invested $500,000. His annual interest was $40,000. What was the annual interest rate?

Mademuasel [1]

Answer: The annual interest rate r= 8%

Step-by-step explanation:

Given: The invested amount = $500,000.

The annual interest = $40,000

The annual interest rate is given by :-

$r=\frac{\text{interest}}{\text{invested amount}}\times100\\\\\Rightarrow\ r=\frac{40,000}{500,000}\times100\\\Rightarrow\ r=\frac{4}{50}\times100\\\\\Rightarrow\ r=8\%$

Hence, the annual interest rate r= 8%

7 0

2 years ago

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A pound of raisins cost 2.00 and a pound if almonds costs 5.00 six pounds of a trail mix contains more pounds of rasins than alm

Phantasy [73]

I'm sorry couldn't get this can u add what your looking for example-A pound of raisins cost 2.00 and a pound if almonds costs 5.00 six pounds of a trail mix contains more pounds of rasins than almonds HOW MANY AREN'T RASINs

4 0

3 years ago

I need help with this please!!!

Natasha_Volkova [10]

Answer:

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7 0

2 years ago

The diameter of a basketball rim is 18 inches. A standard basketball has a circumference of 30 inches. What is the distance betw

Romashka-Z-Leto [24]

Diameter of the basketball rim = 18 inches

Circumference of the standard basketball = 30 inches

Area of circle = π r²

Basketball rim = 3.14 * (18/2)² = 3.14 * 9² = 3.14 * 81 = 254.34 in²

Circumference of a circle = 2 π r

30 = 2 * 3.14 * r

r = 30 / (2*3.14) = 30 / 6.28 = 4.78 inches

Standard basketball = 3.14 * (4.78)² = 3.14 * 22.85 = 71.75 in²

254.34 - 71.75 = 182.59 in²

7 0

3 years ago

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Is it subtracting that I need to do or is it adding?

alisha [4.7K]

You need to subtract 25 by 18

4 0

2 years ago