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klasskru [66]
3 years ago
13

Mason took out an $800 loan from the bank. At the end of 5 years, he pays back the principle, plus $120 simple interest. What is

the interest rate? Show your work
Mathematics
1 answer:
kirza4 [7]3 years ago
6 0

Answer:

3% or 0.03

Step-by-step explanation:

120/5=24

24 is 3% of 800.

We can assume that 800 is 100 percent.

That means 1 percent is 8.

24 is 3 percent.

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At your school, the building is 20 feet tall, a tree's height is 252 inches, and the flagpole is 6 yards high. Which of the thre
timurjin [86]
First, all the heights have to be converted to similar units, say feet.

Therefore,
Building= 20 feet
Tree = 252*0.083333 = 21 feet
Flagpole = 6*3 = 18 feet

The tallest of the three is the tree and thus should cast the longest shadow. However, it should be noted that at exactly noon when the sun is overhead, all the three will have equal length of shadow (that is, 0 feet long).
3 0
4 years ago
Two certificates of deposit pay interest that differ by 3%. Money invested for one year in the first CD earns $240 interest. The
Soloha48 [4]

a = interest rate of first CD

b = interest rate of second CD

and again, let's say the principal invested in each is $X.

\bf a-b=3\qquad \implies \qquad \boxed{b}=3+a~\hfill \begin{cases} \left( \frac{a}{100} \right)X=240\\\\ \left( \frac{b}{100} \right)X=360 \end{cases} \\\\[-0.35em] ~\dotfill\\\\ \left( \cfrac{a}{100} \right)X=240\implies X=\cfrac{240}{~~\frac{a}{100}~~}\implies X=\cfrac{24000}{a} \\\\\\ \left( \cfrac{b}{100} \right)X=360\implies X=\cfrac{360}{~~\frac{b}{100}~~}\implies X=\cfrac{36000}{b} \\\\[-0.35em] ~\dotfill\\\\

\bf X=X\qquad thus\qquad \implies \cfrac{24000}{a}=\cfrac{36000}{b}\implies \cfrac{24000}{a}=\cfrac{36000}{\boxed{3+a}} \\\\\\ (3+a)24000=36000a\implies \cfrac{3+a}{a}=\cfrac{36000}{24000}\implies \cfrac{3-a}{a}=\cfrac{3}{2} \\\\\\ 6-2a=3a\implies 6=5a\implies \cfrac{6}{5}=a\implies 1\frac{1}{5}=a\implies \blacktriangleright 1.2 = x\blacktriangleleft

\bf \stackrel{\textit{since we know that}}{b=3+a}\implies b=3+\cfrac{6}{5}\implies b=\cfrac{21}{5}\implies b=4\frac{1}{5}\implies \blacktriangleright b=4.2 \blacktriangleleft

3 0
3 years ago
What is the height of the trapezoid ? A) 3units B) 5units C) 10units D) 12units
zheka24 [161]

Answer:

b) 5

Step-by-step explanation:

6+10=16

40 times 2 = 80

80 div by 15 = 5

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4x + 3 = 11
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answer
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