Answer:
6,780.00 is right answer try it
Hence thirty two dollars , is the solution
The answer is 60 because 10 x 2 is 20 and 5 x 8 is 40 and add those together to get 60
5/75 in simplest form is 1/15, if that helped, plz Mark my answer as brainliest, thanks, rate, and write comments.
Answer:
Rate = 10%
Step-by-step explanation:
We are given with the following details.
Interest earned = $ 116.25
Principal = $ 1550
Interest Rate = r (say)
Time = 9 months
= 
We are asked to determine the rate of interest for which we can earn 116.25 interest. As we are not specifically given whether it is a compound or simple interest , we assume it to be simple interest and solve .
The formula for simple interest is given as



r=0.1
Hence the r = 0.1
Hence the rate of interest is 10%