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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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I would appreciate if someone answered these.
Firlakuza [10]

Answer:

1. no solution

2. any value of x makes the equation true

3. x=1

4. any value of x makes the equation true

Step-by-step explanation: hope that answers your question :)

7 0
2 years ago
Theoretical probability is the probability that an event occurs when all of the outcomes of the experiment are equally likely.
MA_775_DIABLO [31]

1. The probability that we select a red marble is 1/3.

We found this out by taking the amount of red marbles there are and the total amount of marbles. The total amount of marbles is 18 and there are red marbles. So, it would become 6 out of 18 or 6/18. Then, we simplify 6/18 to the simplest form. The greatest common factor of both of those numbers is 6. Lastly, we divide each of them by 6 to get the simplest form.

6/18 = (6/6)/(18/6)

(6/6)/(18/6) = 1/3

So, therefore, the theoretical probability of picking a red marble is 1/3.

2. The probability that we select a blue marble is 2/3.

We can find this out by taking the amount of blue marbles there are and the total amount of marbles. We know that the total amount of marble is 18 and there are 12 blue marbles. So, we simply get the GCF (greatest common factor) and divide them by it.

Greatest Common Factor of 12 and 18 = 6

12/18 = (12/6)/(18/6)

(12/6)/(18/6) = 2/3

Thus, the theoretical probability of picking a blue marble is 2/3.

4 0
3 years ago
The original price of a pair of shoes is $42. The sale price is 20% off the original price. What is the amount off the original
GREYUIT [131]

Answer:

a) What is the amount off the original price?

= $8.4

b) What is the new price for the pair of shoes?

= $33.6

Step-by-step explanation:

a) What is the amount off the original price?

We are told that:

The sale price is 20% off the original price.

Original price = $42

Hence:

$42 × 20%

$42 × 20/100

= $8.4

b) What is the new price for the pair of shoes?

The new price =

0riginal price - Amount off the original price

= $42 - $8.4

= $33.6

The original price = $33.6

8 0
3 years ago
For a random sample of 20 professional athletes, there is a strong, linear relationship between the number of hours they exercis
QveST [7]

Answer:

D) -0.87

Step-by-step explanation:

I took this test don't quote me on the answer but this is what my peers put.

6 0
3 years ago
Which of the following statements is true?
deff fn [24]

Answer:

3/4> 3/5 is true and correct

5 0
2 years ago
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