Answer: fifty-two hundredths
Step-by-step explanation:
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
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Answer:
The Bill of Rights was added to the Constitution in the form of amendments. The chief purpose of the amendments was to protect the rights of individuals from the government's interference. They guarantee rights such as religious freedom, freedom of the press, and trial by jury to all American citizens.
Step-by-step explanation:
Answer:
(1,-3.7)
Step-by-step explanation:
subtract the y axis to go down
5 - 8.7 = -3.7
