Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Answer:
Subtract c from each side, using the subtraction property of equality
Step-by-step explanation:
0 = ax^2 + bx + c
Subtract c from each side, using the subtraction property of equality
-c = ax^2 + bx + c-c
-c = ax^2 + bx
the answer to this equation is 120
Answer:
For part A
10.08x=y
Step-by-step explanation:
252/25=10.08
x=number of hours=25
y=how much earned=252
10.08(25)=252
Answer:
<h2>A</h2>
Step-by-step explanation:
The complete question is
What is the length of leg y of the right triangle?
A right triangle with hypotenuse 26 and legs 24 and y
We need to use the Pythagorean Theorem, where and ,
Therefore, the right answer is A. The length of the missing leg is 10 units.