April took out a $600 loan from the bank.At the end of 5 years, she pays back the principle,plus $60 simple interest.What was the annual interest rate?​

Answers

Answer 1

Answer:

April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is  given the principal  and the time   and the interest rate  is . For this problem we have to find the interest rate   given  . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,

I= Prt

=> r= I/Pt

=> r= 60/600x5 = 1/50

The interest rate is 1/50 or 0.02 as a decimal. The interest rate is 2% as a percentage.


Related Questions

If –2 and –5 are the roots of the equation ax + bx + 20 = 0, find the values of a and b.​

Answers

Answer:

a=2

b=14

Step-by-step explanation:

Step-by-step explanation:

a=2b=14.................

25 is 10% of what number?

Answers

Answer: 40

Step-by-step explanation:

This is saying one-fourth, or 25% , of a number x , is equal to 10 . Therefore, 25% of 40 is 10

Answer:

250

Step-by-step explanation:

10%x10=100%

25x10=250

probably not the best explanation but I hope it helps!

Find the solution(s) to (x- 3) = 49. Check all that apply.
OA X=-10
B. Xx=-4
C. x-7
OD. X=-7
OE. X= 10

Answers

Answer:

B.x= -4 and E. x= 10 are the answers

find the mode of the data 6,8,3,6,3,7,4,6,7,3,6.​

Answers

Answer:

6 is the answer

Step-by-step explanation:

Given,

Observations = 6,8,3,6,3,7,4,6,7,3,6

From the above given data,

The observation 6 occurs 4 times, observation 3 occurs 3 times,observation 7 occurs 2 times and the observation 8 occur 1 time.

Mode:The most frequently occurring value.

So the mode of the data is 6 as it occurs more frequently than other.

help me answer this geometry question please!! will give brainliest and 5 stars!!

Answers

b . using SAS theorem

PLEASE HELPP MEEE!!!!!
The opposite of 2 * a number is greater than -6

Answers

-2 is the correct answer

Graph y=3x+2.

It's for math and I need h e l p

Answers

Hopefully this will help. You use the 2 on the Y-axis and then you go up three and over one since x=1 if there isn’t a number before it!

Find the area of a circle with a circumference of 31.4 yards.

Answers

Answer:

A = 78.46 square yards

Step-by-step explanation:

A = (C^2)/4π

A = ((31.4 )^2)/4π

A = 78.46

hope this helps, pls mark brainliest :D

Answer:

your answer is going to be 3097.48

Solve for x given the lines are parallel.
(7x - 8)
62°

Answers

Answer:

The answer is 0 ✌

Step-by-step explanation:

70 - 8 =62°

(Please help me with this one it is due in ten minutes :'(

A snail is trying to get to the other side of a park. At what rate is the snail moving?

A) 1/2 foot per minute
B) 1 foot per minute
C) 1 1/2 feet per minute
D) 2 feet per minute

Answers

Answer:

I think the answer is C

Step-by-step explanation:

First you need to find 2 coordinates on the graph. (2,3) (4,6)

Use the formula M= y2-y1 ÷ x2-x1

Then m= 6-3 ÷ 4-2

Then m= 3÷2 = 1.5

So the slope should be 1.5 or 1 1/2

Which part of this graph shows a nonlinear relationship?
Distance from home
2.
Time
O A. 3
B. 2
C. 1
O D. 4

Answers

Answer:

D. 4 is the non linear area of the graph.

Step-by-step explanation:

Non linear is when there is not a exact increase or decrease, also known as a equal change over time.

Answer: Answer is D

Step-by-step explanation:

A simple way to explain nonlinear is when the line is curvy.

Simplify the expression 3t+5t-2t=6t

Answers

Answer:

t=1

Step-by-step explanation:

First combine the like terms

3t+5t+2t=6t 3+5-2=6

6t=6t

then divide each side by 6 to simplify

6t=6t

-------

6 6

t=6/6

t=1

Find the slope of 6x – 3y = 5

Answers

Answer:

slope is 2

Step-by-step explanation:

simplify this equation so that you can get to "y ="

your equation is: 6x - 3y = 5

start by subtracting 6x from both sides: -3y = -6x - 5

then divide both sides by -3 to isolate y: y = 2x - 5/3

so now we can clearly see that the slope is 2, since that is what is right next to x

max bought some e-books for $8.99 each and some magazines at $3.99 each. if E represents number of e-books and M represents number of magazines, which equation describes the relationship between these two variables if he spent a total of $68.89 on these items?
A- 8.99e-3.99m=68.89
B- 3.99e+8.99m=68.89
C- 3.99e-8.99m=68.89
D- 8.99+3.99=68.89

Answers

Answer:

A. or D. Can't explain it but it's one of the two, most likely A.

The sum of 10 and Hector's age is 69 . Use the variable H to represent Hector's age.

Answers

Answer:

59? Is it H = 59?

Yo can I get some help on this question ?

Answers

The answer is 30

Step by step:
So it only shows 90 & 60 I think your going to add (90 + 60=150+30=180
If your target is to get 180 that’s the answer I did this in 6th grade I’m not sure if it is right hope this helps❤️

Dr. K went from grading 20 papers a day to 30. What is the percent of change

Answers

Answer:

150% increase

Step-by-step explanation:

30 divided by 20 is 1.5

Your parents took your family out to dinner Your parents wanted to give the waiter a 20% tip. If the total amount of the dinner was $42.00, What is the total price of your dinner, including the tip?​

Answers

Answer:

50.4

Step-by-step explanation:

42 * 0.02 = 8.4

42 + 8.4 = 50.4

A shoe store uses a 50% markup for all of the shoes it sells. What would be the selling
price of a pair of shoes that has a wholesale cost of $63?

Answers

$94.5
explanation: 50% * 63 = 31.5
31.5+63=94.5

A 10 metre piece of wire is a cut into two parts one part is 2 metre longer than the other. how long are the pieces​

Answers

Is there any diagram related to this question
Answer: 4 and 6 meters

Explanation:
10÷2=5
Add a meter to one half and subtract a meter from the other to get the two meter difference.
5−1=4 (first half)
5+1=6 (second half)
I did this in my head, so my explanation might not make sense. Sorry :)

The bake sale sold pies for $5.99 each and cakes for $9.99 each. The total number of pies and cakes sold was 25 for $189.75.

Answers

Answer:

profit 40 dollars

Step-by-step explanation:

Select each graph or table that is a function. You must select ALL correct answers

Answers

Photo please? and a function means that it cant have the same number of x axis'

example,

function;

15  6

-46  37

36  -37

27  -25

not a function;

-1  3

5  7

-5  6

-1  8

Answer:

A,b,c

Step-by-step explanation:

the answer is yes or no ? ​

Answers

no.
one pound is around 2.5 dollars

Answer:

No!!

Step-by-step explanation:

For every 1 pound it costs $2⁵⁰

For every 2 pounds it costs $5⁰⁰

For every 3 pounds it costs $7⁵⁰

and so on going by 2.50 each pound.

whats the missing number?

Answers

Answer: -0

The absolute value of any number is positive so you can say the absolute value of -0 is 0 and it’ll be true. You can also say the absolute value of 0 is 0.

A bus company wanted to know if the number of complaints they received was a function of the number of us is it ran the company carried out a study comparing the average number of buses per hour for different days and the number of complaints that it received on those days a line was fit to the data to model the

Answers

Answer:

The answer is "28!"

Step-by-step explanation:

In this question, the equation is "[tex]y = -4x + 42[/tex]" and the number of complaints were = [tex]28![/tex] .

Answer:

graph d

Step-by-step explanation

(if it asks which graph)


Please help I need the answer soon!!!!!!

Answers

Answer:

The measure of angle two is 47 degrees (first triangle), and the measure of angle four is 42 degrees (second angle)

Step-by-step explanation:

Remember that all triangles have a full measurement of 180 degees.

Since measure one is is 65 degrees, we need to add 65 and 68, which is 133 degrees.

Now we subtract 180 - 133 = 47.

The measure of angle two is 47 degrees.

Since the angle of measure three is 89 degrees, we need to add 89 + 49, which is 138 degrees.

180 - 138 = 42.

Lindsey's goal is to sell at least 35 candles at each of 15 craft fairs. She makes 24 candles each day for 20 days. Use the drop-down menus to explain whether Lindsey makes enough candles to reach her goal.

Answers

Answer:

D.Lindsay makes 480 candles. She divides 480 by 15 to get 32. She does not make enough candles.

Step-by-step explanation:

The explanation of the sufficient candles that are required to check whether she reach her goal or not is as follows:

She makes 480 candles that come from

= 24 candles each days × 20 days

= 480 candles

Now if we divide the 480 candles from 15 so we get 32

This is less than the minimum candles required i.e. 35

So, the option D is correct

6.2 yd
8.5 yd
15.7 yd
what is the volume

Answers

Answer:

827.39 yd cubed or ^3

Step-by-step explanation:

Hope i could help

Answer:

[tex]827.39yd^{3}[/tex]

Step-by-step explanation:

The formula to find the volume of a rectangular prism is length times width times height ([tex]lwh[/tex]). So, multiply the three numbers and you’ll get [tex]827.39yd^{3}[/tex]. You always have to cube the units. So you have to cube the yd.

Hope this helps and answers your question! :)

3
Make x the subject of the formula y=9ax-4b
helppp

Answers

Answer:

take out the a with an equation

The solution of x is y+4b/9a for equation y=9ax-4b

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

The given equation is y=9ax-4b

y equal to nine times of  and x minus four times of b.

We need to solve for x

Add 4b on both sides

y+4b=9ax-4b+4b

y+4b=9ax

Divide both sides by 9a to separate x on RHS

y+4b/9a=x

Hence the solution of x is y+4b/9a for equation y=9ax-4b

To learn more on Equation:

https://brainly.com/question/10413253

#SPJ2

PLEASE HELP! If I add five to a mystery number and then multiply the result by two, I get twenty four. Write an equation to solve for the mystery number, solve the equation and then check your answer.

Answers

Answer:

The mystery number is 7

Step-by-step explanation:

This is a very easy problem.

let the mystery number=x

2(x+5)=24

2x+10=24

2x=24-10

2x=14

x=7

To check the answer,

Add 5 to 7=12, multiply by 2=24

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