If it took 8 minutes and 36 seconds, 8 x 60 is 480 and 480 + 36 is 516
So the answer is 516 seconds
We let x be the variable that when 17% is multiply by x it will equal 51.
Convert 17% decimal. To do this, move the % sign two places to the left and make it into a decimal point.
17% = 0.17
Now make our equation 0.17 * x = 51
Divide both sides by 0.17.
x = 300
Answer: the interest rate is 3.67%
Step-by-step explanation:
We would apply the formula for determining simple interest which is expressed as
I = PRT/100
Where
I represents interest paid on the bond.
P represents the principal or amount at which you bought the bond.
R represents interest rate on the bond
T represents the duration of the bond in years.
From the information given,
P = 3000
T = 10 years
I = 4100 - 3000 = 1100
Therefore,
1100 = (3000 × R × 10)/100 = 300R
R = 1100/300
R = 3.67%
