Answer:
The rate at which the $1000 is invested is 4%.
Since the answer is required to be written without the percent sign, it therefore implies that he rate at which the $1000 is invested is 4.
Step-by-step explanation:
Amount invested = $1000
Total interest income over the course of 3 years = $120
Number of years = 3
Annual interest income = Total interest income over the course of 3 years / Number of years = $120 / 3 = $40
The interest ate on the $1000 invested can now be calculated as follows:
Interest rate = (Annual interest income / Amount invested) * 100 = ($40 / $1000) * 100 = 0.04 * 100 = 4%
Therefore, the rate at which the $1000 is invested is 4%.
Since the answer is required to be written without the percent sign, it therefore implies that he rate at which the $1000 is invested is 4.
In this question, there are numerous information's of immense important already given. Based on those given information's the answer to the question can be easily deduced.
Ratio of the perimeter of two rectangles = 4:7
Perimeter of the larger rectangle = 42 inches
Let us assume the common ratio = x
Then
7x = 42
x = 42/7
= 6
Then
Perimeter of the smaller rectangle = 4 * 6 inches
= 24 inches.
So the perimeter of the smaller rectangle is 24 inches. I hope the procedure and the answer is clear enough for you to understand. Based on this procedure, you can attempt similar problems without requiring any outside help.
The answer is 6.
5(4) -2(7)
20-14=6
