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AleksAgata [21]
3 years ago
6

Ashot borrowed $225, and paid $108 as an interest of eight years. What was the annual interest rate?

Mathematics
2 answers:
Helga [31]3 years ago
7 0

Answer:

6%

Step-by-step explanation:

I asked this same exact question, no one got the right answer, so I just guessed, and what do you know, I got the answer right! So here you go.

VARVARA [1.3K]3 years ago
7 0

Answer:

6%

Step-by-step explanation:

108           x%

-------  =   --------

225          100%

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Step-by-step explanation:

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\bold{SUBSTITUTION\ METHOD}\\\\\left\{\begin{array}{ccc}y=-x+8&(1)\\y=x+4&(2)\end{array}\right\\\\\text{Substitute (1) to (2)}\\\\-x+8=x+4\qquad\text{subtract 8 from both sides}\\-x=x-4\qquad\text{subtract}\ x\ \text{from both sides}\\-x-x=-4\\-2x=-4\qquad\text{divide both sides by (-2)}\\\boxed{x=2}\\\\\text{Put it to the second equation}\\y=2+4\\\boxed{y=6}

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