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

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.

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

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! :)

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)

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.

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!


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.

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.................

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

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.

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:

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

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

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

Answers

-2 is the correct answer

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

(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

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

Answers

Answer:

The answer is 0 ✌

Step-by-step explanation:

70 - 8 =62°

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

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

Answers

b . using SAS theorem

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❤️

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 :)

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

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:

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.

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

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?

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.

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

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

Other Questions
What happens when you put an ice-pop outside? This is for the people who dont know Write the linear equation in slope-intercept form.-6x + y = 19 Determine which number would satisfy the inequality 3y-8>22. Choose all that apply. A. 13 B. 0 C. -5 D. 10 E. 11 Solve the equation -2(y - 1) = 9. -11/27/211/2-7/2 One admission to an ice skating rink costs x dollars, and renting a pair of ice skates costs y dollars. Your friend says she can determine the exact cost of one admission and one skate rental. Is your friend correct one of my best friends are going to travel to Europe this summer which option best revises this sentence to use correct subject-verbA change one of my best friends to my best friend Tim Bchange are going to is going toC change this summer to next summerDchange travel to Europe to travels to Europe If a system's internal energy increases by 250 kJ after the addition of375 kJ of energy as heat, what was the value ofthe work in the process?(A) -625 kJ (B) -125 kJ (C) 125 kJ (D) 625 kJ Independent random samples of released prisoners in the fraud and firearms offense categories yielded the given information on time served in months. At the 1% significance level, do the data provide sufficient evidence to conclude that the meantime served for fraud is less than that for firearms offenses? Assume that populations standard deviations are the same for both groups. (i.e., we assume 1 = 2 .) Which of the following is a final product of aerobic respiration? A. pyruvate B. oxygen C. glucose D. carbon dioxide What can cause a heart to not functioncorrectly?A hole in the heartB runningC Sleeping There are 252525 students in Ms. Nguyen's second-grade class. In the class election, 444 students voted for Benjamin, 121212 voted for Sahil, and 999 voted for Maria. please help what is the value of u Which of the following best describes the Great Compromise? A. Only three-fifths of slaves in the southern states would be counted in the population used to assign the number of representatives in Congress. B. Congress would hold the power to levy taxes, but the individual states would determine how the taxes would be collected and paid to the federal government. C. The president would be indirectly elected by a super-majority (three-fifths) vote of the state legislatures. D. The states' representation in the lower house of the legislature would be divided according to population, and all states would be represented equally in the upper house. Which statement is shown about the graphs shown? Which country did NOT have a colony in South America? usted_____ en la libraria PLEASE HELP FAST ITS TIMED! I Will Give Brainlist And Extra Points! WILL MARK YOU BRAINLIEST ANSWER 1-3 plz A ranch hand herded his cattle to some grazing land. Then he began riding back to the ranch, which is due west, at 7 kilometers per hour. Simultaneously, the cows began moving away from him, too, headed due east at 2 kilometers per hour. How long did it take for the herd and the ranch hand to be 4 kilometers apart? Find the value of this expression if x = 5 and x=2xy^2 / -3