The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) = 
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>
⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
1
Step-by-step explanation:
x-7=-5x-1
x-(-5x)-7=-1
x+5x-7=-1
6x-7=-1
6x=-1+7
6x=6
x=6/6
x=1
Using the assumed values, the volume of the cone is 
<h3>How to determine the volume of the cone?</h3>
The volume of a cone is calculated using:
The parameters are not given.
So, we use the following assumed values
Radius, r = 5
Height, h =10
Using the assumed values, we have:
Evaluate the product
Hence, using the assumed values, the volume of the cone is
Read more about volumes at:
brainly.com/question/1972490
#SPJ1
Area of the trapezium = 1/2 (40 + 160) x 70
Area of the trapezium = 7000 ft²
One bag of fertilizer = 4000 ft²
Number of bags of fertilizer needed = 7000 ÷ 4000 = 1.75 bags.
Since only full bags of fertilizer can be bought, 2 bags of fertilizer are needed.
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Answer: 2 bags of fertilizer
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