Answer:
We conclude that the interest rate required to accumulate simple interest of $3,000 from a principal of $ 6,000.00 over 2 years is 25% per year.
Step-by-step explanation:
Given
Principle P = 6000
Time period t = 2 years
Interest I = 3000
To determine
Interest rate r = ?
Using the formula
I = Prt
r = I / Pt
substituting P = 6000 , t = 2, and I = 3000
r = 3000 / ( 6000 × 2 )
r = 3000 / 12000
r = 0.25
convering the decimal into percentage: 0.25×100 = 25%
r = 25%
Therefore, we conclude that the interest rate required to accumulate simple interest of $3,000 from a principal of $ 6,000.00 over 2 years is 25% per year.
There is no upper limit so, so x is greater than or equal to 24 (x ≥ 24)
Answer:
Step-by-step explanation:
Values less than 5 on a die are 1, 2, 3, 4 ← 4 values out of a possible 6
P( < 5) = 
= in simplest form
Answer:
y = -2x - 5
Step-by-step explanation:
y = -2x + b
- To find the y-intercept, plug the values of the variables.
5 = -2(-5) + b
5 = 10 + b
- Subtract 10 from both sides.
-5 = b
