Which mixed number is equivalent to the improper fraction?
2 answers:
You might be interested in
Answer:
<h3>33.3%</h3>Step-by-step explanation:
Using the formula for calculating simple interest as shown;
Simple Interest = Principal * Rate *Time/100
Principal = Cost of tablet = $1500
Interest after one year = $1500-$1000 = $500
Time = 1year
Substituting this values into the formula;
The interest rate that her parents assumed is 33.3%