Answer:
The rate is 0.27%
Step-by-step explanation:
If interest = $108, principal = $10000, time = 4 years
Simple Interest = (principal × rate × time)/100
rate = (interest × 100)/(principal × time)
Substitute the value into the formula above
Rate = (108×100)/(10000×4)
= 108/400
Rate = 0.27%
We would use a specific formula to answer this question: (attached)
So, P= $200, r=0.1, n=1, and t=5
So, input the values and the answer you would get is $332.10.
To convert the improper fraction
into a mixed number, you first want to
divide the numerator (1000)
by the denominator (859)
:
The
quotient, which is 1, will be your whole number part of your mixed number. The
remainder, 141, will become the numerator of the fraction part of your mixed number. The
original denominator of your improper fraction, 859, is still the denominator of your mixed number. So your mixed number form of your improper fraction is:
Your answer is
Are you sure it’s $35? Because 3 goes into $27 evenly which is 9 times but 4 doesn’t go into $35 evenly it would have to be $36 which will also be 9