6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
Answer:
Step-by-step explanation:
As you can see, she bought 8 muffins and 2 of them were apple, and the other 2 were banana.
( The rest were blueberry )
Since her family ate the APPLE and BANANA muffins, it's asking you to find the FRACTION of the muffins they ate. So 4 banana and apple muffins outta 3 varieties ( Total 8 muffins ) and 4 blueberry left.
So it's like 4 outta 8
idk I think im wrong :,U
X=25 and y=-2 so then y=-40 and x=? you will have to divide and and multiple and the answer will be x=500
Answer:
100 in^2
Step-by-step explanation:
(15/21)^2 x 196 = 100