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:
You would need 10 1/2 hours to set up 7 workstations.
Step-by-step explanation:
Multiply the amount of workstations by the rate at which they are set up.
Hey! If 27 cars make up 60%, divide that by 6 to get 10% of the answer which is 4.5. Multiply 4.5 by 10 to get 100% which is 45 cars for 100%.
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Answer:
3 liters is equivalent to 12,6803 aopints