8% = 0.08
0.08 * 75 = 6
6 people surveyed.
Please make this answer the brainiest!
Answer:
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%
Step 1: Convert the denominators to the same number.
1/9 = 2/18
2/3 = 12/18
5/18
Step 2: Add the numerators.
12 + 2 + 5 = 19
Step 3: Convert to mixed number.
19/18 = 1 1/18
Hope this helps! :)