Based on the information given, the simple interest rate that will be earned will be 13.6%.
- Principal = $5250
- Simple Interest = $6500- $5250 = $1250
- Time = 21 months = 1.75 years.
Simple Interest = PRT / 100
1250 = (5250 × 1.75 × R) / 100
Cross multiply
125000 = 9187.5R
R = 125000 / 9187.5
R = 13.6%
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Answer:
Step-by-step explanation:
121=irrational
100= rational
99= irrational
10=rational
Answer:
3 days= $105, 6 days= $90, 10 days= $70
Step-by-step explanation:
You can rewrite this equation as y=120-5x
x is the amount of days passed
plug in 3 for x and you get 15. 120-15=105
plug in 6 for x and you get 30. 120-30=90
plug in 10 for x you get 50. 120-50=70
Hope this helps!
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Answer:
Step-by-step explanation:
Direct variation problems can easily be solved with proportions, namely:
and cross multiply to get
2y = 20 so
y = 10