I = p * r * n
i is the interest
p is the principal
r is the interest rate per time period
n is the number of time periods.
in your problem:
i = 900
p = 2000
r = what you want to find
n = 3 years
formula becomes 900 = 2000 * r * 3
solve for r to get r = 900 / 2000 / 3 = .15
that's .15 interest rate per year = 15% per year.
at a nominal interest rate of .15 per year, the interest rate per month would be .15/12 = .0125 per month.
the remaining balance at the end of 6 month is equal to 1907.140183
The equation is(√7)^6x = 49x - 6
This equation can be solved by iteration.
Rearranging:
x = ( (√7)^6x + 6 )/49
We start with a value of x = 3.
This value can be substituted to the right side and new value of x can be obtained. This new value can be substituted again to the right side of the equation and another new value for x is obtained. This process is repeated until the old and new values of x are the same.
The result is,x = 0.5
Answer:
0.6 is BIGGgGer
Step-by-step explanation:
51/100 is the same as 0.51.
Now compare 0.60 and 0.51
Answer:
The length of mid-segment
units
Step-by-step explanation:
Given:
Length of
units
is the mid-segment which means the line joining the midpoints of two sides of triangle.
By mid-segment theorem the mid-segment of a triangle is parallel to the third side and half of the length of third side.
So, we can write:
∴
units
∴The length of mid-segment
units
Answer:
The number is 5
Step-by-step explanation:
Let x be the number
3x+5+x = 25
Combine like terms
4x+5 = 25
Subtract 5 from each side
4x+5-5 = 25-5
4x = 20
Divide by 4
4x/4 = 20/4
x = 5