Answer:
Interest rate, R = 244%
Step-by-step explanation:
Given the following data;
Principal = $270
Simple interest = future amount - principal = 309.60 - 270 = $39.60
Time = 22/360 = 0.06 years
To find the interest rate?
Mathematically, simple interest is calculated using this formula;
Where;
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>Interest rate, R = 244.44 ≈ 244%</em>
<em>Therefore, the pawnbroker charged Elisa a simple interest rate of 244%.</em>
Answer:
9+(2/x)
Step-by-step explanation:
Answer:
2y+1+9x is written as a product of three factors
To turn a decimal into a fraction move the decimal point two spots over (Ex: 0.34=34%). To turn a fraction into a decimal get the denominator to 100 by multiplying both the top and bottom by whatever number needed (must both be multiplied by the same number) or divide to top number into the bottom number of you can’t multiply.
Answer:
<em>Answer is </em><em>given below with explanations</em><em>. </em>
Step-by-step explanation:
<em>HAVE A NICE DAY</em><em>!</em>
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