Solve the equation below, then check your answer by seeing if LS = RS. Show your work!
1 answer:
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Ms. Drake will earn in this time from the investment of
at a simple interest with rate of interest
Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific duration of time. Conversely, for compound interest, where we add the interest of one year's principal to the next year's principal to compute interest, the principal amount under simple interest remains constant.
Formula for finding simple interest is
Given principal of Ms. Drake is
Rate of interest is
Time is years.
Interest
Therefore, Ms. Drake will earn in this time.
To learn more about simple interest from the given link
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Answer:
Step-by-step explanation:
A correlation coefficient is a number ranging from -1 and 1 that measures the strength and direction of a linear relationship.
- If it is a negative number, the linear relationship is also negative. If it's positive, the relationship is positive.
- The closer it is to -1 or 1, the stronger the relationship.
Since the question only asks for the strongest relationship and does not ask for the direction (positive/negative), we can simply choose the number closest to -1/1. Therefore, the answer is -0.92.