Answer:
The required rate of interest = 14.285%
Step-by-step explanation:
Here, The principal amount = 7,000
The final paid amount = 9,000
Time = 2 years
Let us assume the rate of interest = R
Now, Simple Interest = Amount - Principal
= 9,000 - 7,000 = 2,000
So, the SI on the given principal for 2 years = 2,000
or, R = 14.285%
Hence, the required rate of interest = 14.285%
(1/5)x + 8
This will find 20% of the wholesale cost and add the $8 markup, where 'x' is the wholesale cost
Answer:
Step-by-step explanation:
The slope-intercept form of an equation of a line:
Parallel lines have the same slope. Therefore if given line is
then the slope of our line is 
.
We have the equation:
The line passes through (-1, -7). Put the coordinsted pf the point to the equation:
<em>add 2 to both sides</em>
Finally:
The answer is 112 degrees
good luck
20.6 divided by 9.7 is 2.12371134
