Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:3831367404
Step-by-step explanation:
1 gallon = 3.78541 liters.
Multiply the number of gallons by 3.78541:
10 x 3.78541 = 37.8541 liters (round the answer as needed)
Answer:
3): 14
Step-by-step explanation:
The problem states that ABC and DEF are similar. Therefore, dsue to similar triangles, we have 7x/7=4/x, so x^2=4. Therefore, x=2 (because x cannot be negative). Therefore, AB = 7x = 7*2=14
Answer:
seven and sixty-four thousandths
Step-by-step explanation:
in factors it would be
7 x 1
+ 0 x 0.1
+ 6 x 0.01
+ 4 x 0.001
