6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
Answer:
g-4
Step-by-step explanation:
first subtract 7 from both sides
then you will get -4
g
which is the same as g
-4
you just have to switch them
Concentric circles because if a line is tangent to one circle, it would only intersect teh other
The correct answer would be letter C. She needs to either break or tie the record. The less than or equal to symbol in the original inequality would be her scoring less or tying the record. Using the greater than or equal to sign would represent her breaking the record or tying with it. Hope this helped.
<h2>this is a PICTURE </h2><h3>i HOPE IT'S HELP </h3>
