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Soloha48 [4]
2 years ago
12

I have invested for a loan of Php 5,000, and I need to repay in one lump sum at the end of one year. What annual interest rate c

orresponds to a lump-sum payment of Php 5,425?​
Mathematics
1 answer:
Brums [2.3K]2 years ago
8 0

Based on the information given, it can be deduced that the annual interest rate will be 8.5%.

Principal = 5000

Interest = 5425 - 5000 = 425

Time = 1 year

Rate = Unknown.

Simple Interest = PRT / 100

425 = (5000 × R × 1)/100

42500 = 5000R.

R = 42500/5000

R = 8.5%

In conclusion, the correct option is 8.5%.

Learn more about the interest rate on:

brainly.com/question/25767935

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Two ships leave from the same port. One travels west 84 miles and the other travels 62 miles north. Determine the distance betwe
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The distance the ships traveled are like the legs of a triangle and the question wants to know the hypotenuse. To find the hypotenuse, use the pythagorean theorem. this is a^2 + b^2 = c^2, with a and b being the legs and c being the <span>hypotenuse.
</span>Plug in known values:
84^2 + 62^2 = c^2
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Help this test is due at 11! *No links please*
Taya2010 [7]

Answer:

A) Volume of Prism = 48 ft cubed

B) Volume of Pyramid = 16 ft cubed

C) 1/3

This equation is true for all rectangular prisms and rectangular pyramids with the same length, same width, and same height.

Step-by-step explanation:

1) find the volume of the prism

2) volume of a prism = Length x Width x Height

3) 4 x 2 x 6 = 48

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5) volume of a pyramid = Length x Width x Height divided by 3

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Hope this helps :)

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