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podryga [215]
3 years ago
6

If the simple interest on $3,000 for 9 years is $1,620, then what is the interest rate?

Mathematics
1 answer:
mezya [45]3 years ago
6 0

Answer:

9%

Step-by-step explanation:

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​Anzio, Inc., has two classes of shares. Class B has 10 times the voting rights as Class A. If you own 10 % of the Class A share
Neko [114]

Answer:

19.1\%

Step-by-step explanation:

Let x represent voting rights of class A.

We have been given that class B has 10 times the voting rights as Class A. So voting rights of class B would be 10x.

We have been given that you own 10% of the Class A shares, that will be equal to 10% of x as:

10\%\text{ of }x=\frac{10}{100}x=0.10x

We are also told that you own 20% of the Class B​ shares, that will be equal to 20% of 10x as:

20\%\text{ of }10x=\frac{20}{100}\cdot 10x=2x

Sum of percentage of both class voting rights would be 0.10x+2x=2.10x.

Total voting rights of both classes would be x+10x=11x.

Now we need to find 2.10x is what percent of 11x.

\text{Percentage of the total voting rights that you hold}=\frac{2.10x}{11x}\times 100\%

\text{Percentage of the total voting rights that you hold}=\frac{2.10}{11}\times 100\%

\text{Percentage of the total voting rights that you hold}=0.19090909\times 100\%

\text{Percentage of the total voting rights that you hold}=19.090909\%

\text{Percentage of the total voting rights that you hold}\approx 19.1\%

Therefore, you hold approximately 19.1\% of the total voting rights.

6 0
3 years ago
20 people have volunteered for a 5-person neighborhood advocacy committee. 11 of them are homeowners and the rest are local busi
Anvisha [2.4K]

We have that the ways 5-person committee such that exactly 2 local <em>business </em>owners are represented is mathematically given as

N=5940

<h3>Probability</h3>

The Probability that 2 local business owners are represented on the committee is given by finding the ways the can be seated amongst the 5

Generally 2 local business owners are represented is mathematically given as

N=11C3*9C2

Therefore

N=165*36

N=5940

For more information on Probability visit

brainly.com/question/795909

8 0
2 years ago
What inverse operations do I need to solve x + 15 = 9
maxonik [38]

Answer:

subtraction

Step-by-step explanation:

x +15 = 9

   -15 = -15

x = -6

7 0
3 years ago
Read 2 more answers
1/2 + (-1/4)=????????????
erica [24]

Answer:

\frac{1}{4}

Step-by-step explanation:

\frac{1}{2} = \frac{2}{4}  We need a common denominator before we can add.

\frac{2}{4} + \frac{-1}{4}  means the same thing as

\frac{2}{4} - \frac{1}{4} = \frac{1}{4}

5 0
2 years ago
Which of the following relations is a function
Natalija [7]

Answer:

1st one

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
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