950 * .05 = $47.5
550 * .04 = $22
$47.5 + $22 = $69.50 interest earned
answer: amount in 4% account = $550
The original annual simple interest rate, rounded to two decimal places, is 3.79%
What is the formula for simple interest?
The simple interest on a loan or deposit is determined as the principal multiplied by the simple interest rate and time
I=PRT
The first loan:
P=12 850.00
R=r(assume it is r)
T=4 years
I=12 850.00*r*4
I=51400r
The second loan was taken after 14 quarters the first was taken out, which is the same as after 3.5 years, hence, the interest on the second loan is only for a half a year
P=3 273.00
R=0.5r( half of the interest on the first loan)
T=0.5 years
I=3 273.00*0.5r*0.5
I= 818.25r
Total interest=51400r+818.25r
Total interest=52218.25r
total interest paid=1 980.00
1 980.00=52218.25r
r=1 980.00/52218.25
r=3.79%
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Answer:
(1,2) is a solution to both equations
Step-by-step explanation:
To determine if (1,2) is a solution to both equations, substitute into the equation and see if it is true
2x+y =4
2(1) + 2 =4
2+2 =4
4=4
true
y =3x-1
2 = 3(1) -1
2 =3-1
2=2
true
Since both statements are true
(1,2) is a solution to both equations
The answer is d.
First you have to divide 160/ 1/4. So you would do 160/1 divided by 1/4. Because of keep, change and flip. (k.c.f) you would keep 160/1, change the division sign, then flip 1/4 to 4/1. Then you multiply 160/1*4/1. Then you would get 640. Hope this helped.
Answer:
Ratio is the proportion between two numbers.
Percent is the ratio times 100.
Rate is the change of a number per unit time.
Step-by-step explanation:
1.A rate refers to the frequency by which a certain event happens while a ratio refers to the relationship between the size, number, or degree of two or more things.
2.A rate is a comparison between two measurements of the same units while a ratio is the proportion of one thing to another.
3.A rate refers to the fixed quantity of two things while a ratio refers to the relationship between various things.
4.A ratio indicates the difference between things while a rate indicates the changes in their measurements or units.
5.A ratio is indicated by the quotient of one quantity divided by the other while a rate is indicated by the comparison between two things.
Hope it helped ! Have a nice day
