Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:15
Step-by-step explanation:
Answer:
13
Step-by-step explanation:
3 x 3 = 9
7 + 3 = 10
7 + ? = 3 + 7 + 3 + 7
7 + ? = 20
? = 13
So if one bit of the length, is half the size of the other bit then we can make the following equation, for x being the length of rope:
x + 2x = 66
3x = 66
x = 22
That is the length, of the smaller one (half the big one), so 2x = 44. Hence d) is your answer.
Hope I helped!
You have to make the mixed number into a fraction in order to divide
