The Interest on $2,000 for 2 years is $320 what is the simple interest rate?

Mathematics

1 answer:

Ronch [10]1 year ago

6 0

Answer:

It would be 20

Step-by-step explanation:because you have to divide 320 by 2 which equals $160 for 1 year and then divide that by 2 again would be $80 for 6 months then divide it by 2 again which would be $40 and 3 months for it then divide it by 2 again and 1 and a half months equal $20

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Andrei [34K]

Answer:

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2 years ago

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Digiron [165]

Answer:

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What is the equation of the line that passes through the point (-6, -8) and has a slope of 1/3

ivanzaharov [21]

Answer <u>(assuming it can be in point-slope form)</u>:

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Step-by-step explanation:

With the given information, we can use the point-slope formula, $y-y_1 = m (x-x_1)$ , to write the equation of the line. Substitute values for the $m$ , $x_1$ , and $y_1$ in the formula to do so.

The $m$ represents the slope, so substitute $\frac{1}{3}$ in its place. The $x_1$ and $y_1$ represent the x and y values of one point the line intersects, so substitute -6 for $x_1$ and -8 for $y_1$ . This gives the following answer and equation (just make sure to convert the double negatives into positives: