Hi there :-)
The formula of the simple interest is
I=prt
your question ask to find r which is interest rate you do that by dividing each side by (pt) to get
R=I÷pt
Now solve to get the interest rate
R=562.5÷(1,500×5)
R=0.075×100 multiply by 100 to get it as percentage
R=7.5%
Hope it helps:-)
Yes, the equation given above is proportional. The variables y and x are directly proportional to each other. <span>Two variables are proportional if a change in one is always accompanied by a change in the other, and if the changes are always related by use of a constant multiplier.</span>
Answer:
huh
Step-by-step explanation:
