Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
the answer is 100
Step-by-step explanation:
(-2-8)^2
(-2-8)(-2-8)
-2(-2-8)-8(-2-8)
4+16+16+64
20+80
100
The correct answer is B.
6x*6x=36x
-8*+8=-64
Thus, our equation is 36x-64
Hope this helps!
(-2 = √x - 7)x² (calculate)
(-9 = √x)x² (remove the parantheses)
-9x² + √x x²
Answer:
4/16 = 2/8 = 1/4= 0.25
Step-by-step explanation:
