The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
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Answer: 3.3 per minute
Step-by-step explanation:
46.2 / 14.0 = 3.3
3.3 * 14.0 = 46.2
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Answer:
Step-by-step explanation:
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Answer:
D. 500 J
Step-by-step explanation:
We are given;
- Force applied as 50 Newtons
- Distance moved as 10 meters
We are required to determine the work done
We need to know the formula for calculating the work done
That is; Work done = Force × Distance
Work done is the product of force and the distance covered.
It is measured in joules
In this case;
Work done = 50 N × 10 m
= 500 joules
Thus, the work done 500 joules
