3 years ago

M : ___ b : _ Equation : ____ PLEASE HELP ME !!!

Mathematics

1 answer:

fredd [130]3 years ago

6 0

Answer:are you saying mx+b

Step-by-step explanation: hopefully that helps you mark me brainlest please

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Find the annual interest rate. Round your answer to the nearest hundredth of a percent. I=$160.67, P=$2000, t=8 monthsI=$160.67,

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The annual interest rate is 12.05%.

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The simple interest is given by the formula:

$I=\dfrac{P\times R\times T}{100}$

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I=$160.67, P=$2000, t=8 months=8/12 years (Since 12 months=1 year so 1 month=1/12 year)

$160.67=\dfrac{2000\times R \times \dfrac{8}{12}}{100}\\\\R=12.05%$

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M : _____ b : _____ Equation : ______ PLEASE HELP ME !!!

M : ___ b : _ Equation : ____ PLEASE HELP ME !!!