Answer: Don’t trust those links
Given the simple interest formula:
I = P•R•T
where:
I = interest
P = principal
R = interest rate
T = time (in years)
We can isolate R algebraically to find out the interest rate:
I = P•R•T
Divide both sides by P•T:
I / (P•T) = (P•R•T)/(P•T)
The formula for the interest rate is:
R = I / (P•T)
Substitute the given values into this formula to solve for the interest rate (R):
R = I / (P•T)
R = $490/ ($1,400 • 5 years)
R = $490 / $7,000
R = 0.07 or 7%
Therefore, the interest rate is 7%.
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Answer:
Step-by-step explanation:
well its 4.5-5.25= -0.75
Answer:
-3
Step-by-step explanation:
you go down from the dot left most and you count towards the line that the second dot falls on and count over too it
Answer:
5 hours
Step-by-step explanation:
276/12= 23
115/23= 5
