Answer:
The annual interest rate is 6.25%
Step-by-step explanation:
We have been given that
P = $50,000
I = $9,375
t = 3 years
r = ?
The formula for simple interest is given by

Therefore, the annual interest rate is 6.25%
Do a proportion
60/100= x/54
Cross multiply and divide
54 x 60= 3,240
3,240 divided by 100 is 32.4
Now subtract
54- 32.4= 21.6
Answer is $21.6
What exactly are you asking?
Answer:
20 miles (Answer B)
Step-by-step explanation:
The northbound biker travels (4 mph)(4 hr) = 16 mi, and
the eastbound biker travels (3 mph)(4 hr) = 12 mi.
They travel at right angles to one another. Thus, the Pythagorean Theorem applies here. The distance between the two bikers is d = √( [12 mi]^2 + [16 mi]^2 ), or √(144 + 256) mi, or √400 mi, which works out to 20 miles.
Answer B is correct.
Answer:
175/3 minutes
Step-by-step explanation:
Assume that each man peel potatoes at the same rate
The time required
= 5 x 35 / 3
= 175/3 minutes