Fixed Percent rate does not change in the life of the loan or investment. A fixed percentage rate is more stable because you will always know how much your payment will be.
It could also be called simple interest.
hope that helped? :)
Answer:
g= 6 1/5
Step-by-step explanation:
2/5 (g-7) =3
2/5g - 14/5=3
2/5g -14/5+14/5=3+14/5
2/5g=3+2 4/5
2/5g=5 4/5
2/5 / 2/5g =5 4/5 / 2/5
g= 5 6/5 = 6 1/5
Answer:
y=4(2x-5)
Step-by-step explanation:
that's the expanded form.
Answer:
8% annual
Step-by-step explanation:
first find the rate of 1 year. 960/3 = 320.
then find what % of 4,000, 320 is.
8%