Answer:
D) 5.5%
Step-by-step explanation:
To find the interest rate, use the equation: I = prt
I = Interest = $6,600
p = principal = $15,000
r = rate = unknown
t = time = 8 years
Now plug the numbers into the equation.
6,600 = 15,000 * r * 8
6,600 = 120,000 * r
Now isolate the variable by dividing both sides of the equation by 120,000.
0.055 = r
Now change the rate to a percent by moving the decimal point 2 digits to the right.
5.5% = r OR r = 5.5%
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Answer:Answer:I can't read or see it
Step-by-step explanation:Answer:I can't read or see it
First, we calculate for the effective interest given the
annual interest and the condition that it is compounded monthly.
<span> Ieff = (1
+ 0.0925/12)^12 – 1 = 0.09652</span>
The equation that would best represent the value of
Grace’s money after x years is equal to,
<span>
An = ($1000)(1.09652)^x</span>
<span>Where x is the number of years</span>
Answer:
Step-by-step explanation:
x - 3y -15
x = -3
The assignment problem is some of the significant combinatorial
optimization difficulties in the division of operations research in mathematics.
It contains of looking for a supreme weight matching in a weighted bipartite
graph. The assignment problem constraint means that agent 3 can be assigned
to no more than two tasks.