Hi there
To find The interest rate the formula is
R=I÷pt
r interest rate?
I interest earned 622.5
P principle 12450
T time 1 year
So
R=622.5÷(12,450×1)
R=0.05×100=5%
Hope it helps
If you would like to solve blank of 100 equals 16%, you can calculate this using the following steps:
x of 100 equals 16%
x * 100 = 16%
x * 100 = 16/100 /100
x = 16/100 / 100
x = 0.0016
The correct result would be: 0.0016 of 100 equals 16%.
9514 1404 393
Answer:
- $304
- $91.83
Step-by-step explanation:
1. The finance charge is found from the simple interest formula;
I = Prt
where P is the principal amount, r is the annual rate, and t is the number of years.
24 months is 2 years, so the interest charged is ...
I = $1900×0.08×2 = $304
The finance charge is $304.
__
2. The monthly payment will be the total amount due, divided by the number of months.
payment = ($1900 +304)/24 = $2204/24 ≈ $91.83
The monthly payment is $91.83.
Asimply measure its length. What else could you measure? After all, length is the only feature a segment has. You’ve got your short, your medium, and your long segments.
Step-by-step explanation:
length
Answer:
2.884499
Step-by-step explanation:
