The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
look down
Step-by-step explanation:
So basically its just asking you the change when you go to the next x-value.
In this question it looks like it is 4.
Hope this helps!
Comment if you are still confused!
The answers to the questions are:
1. x = 4
2. x = 1.5
3. x = 1.875
4. x = 1
<h3>2 step equation:</h3>
1. 4x + 3 = 19
4x = 19 - 3
4x = 16
divide by 4
x = 4
<h3>2 step equation w/ fractions:</h3>
(4/3)x + 5 = 17
= 1.33x + 5 = 7
Take like terms
1.33x = 7-5
1.33x = 2
divide through by 1.33x to get 2
x = 2/1.33
x = 1.5
<h3>3. Distributive Property:</h3>
4x(6 - 2) - 10 = 20
Multiply and open the bracket
24x - 8x - 10 = 20
Take like terms
16x = 20+10
16x = 30
x = 30/16
= 1.875
<h3>4. Decimals:</h3>
4.3x + 0.7 = 5
4.3x = 5 - 0.7
4.3x = 4.3
x = 1
Read more on distributive properties here:
brainly.com/question/2807928
#SPJ1
Answer:
175.4379
Step-by-step explanation:
Hope this helps. :)