If the simple interest on $7,000 for 5 years is $2,800, then what is the interest rate?

Answers

Answer 1

Answer:

8%

Step-by-step explanation:

Solving our equation

r = 2800 / ( 7000 × 5 ) = 0.08

r = 0.08

converting r decimal to a percentage

R = 0.08 * 100 = 8%/year

The interest rate required to

accumulate simple interest of $ 2,800.00

from a principal of $ 7,000.00

over 5 years is 8% per year.


Related Questions

Can You be more specific

Answers

Answer:

What's the question you need help on?

How may I help you today?

A __________is a section on a number line where few to no data points fall.

Answers

a line segment and i’m positive

Which inequality can be used to find how many $0.35 pencils can be purchased for $5.00?

Answers

Answer:14

Step-by-step explanation:0.35 times 14 equals 4.9

Anna baked 3 batches of cookies with c cookies in each batch. She then ate 8 cookies!
How many cookies does Anna have left?

Answers

Answer:

3c - 8

ndkakskxjjzkaksks

Seth and 5 friends went to San Diego for a summer weekend. Seth made 14 cups of lemonade
Everyone, including, Seth, wants an equal amount of all the lemonade.
How much lemonade should each person get?

Answers

Answer:

Step-by-step explanation:

What is the value of the expression?



6.10 + 57 + 0.432 =

Answers

Answer:

Step-by-step explanation:

Solving

Simplify

6.1+57+0.432

Add

63.1+0.432

Answer

63.532

Can i get brainliest

ill mark as brainlest plz help me

Answers

Answer:

a) 46° b) 66° c) 4 cm

Step-by-step explanation:

a) because it is isosceles triangle, therefore, 2 opposite angles, and angle sum of triangle is 180 so 180-67-67=46

b) because again, isosceles triangle so two opposite sides,

x+x+48=180

2x=132

x=66

c)because it is equilateral, so therefore all angles are 60 degrees and all sides equal.

19) Oranges are $2.50 per pound. Which equation shows the number of 'p
pounds you can buy if you have $20?*

Answers

the answer is 2.50p=20

the oranges are 2.50 per pound (2.50p) and you have a total of $20.

hope this helps :)

This is a question about percent change help if you can pls!

Answers

Answer:

Step-by-step explanation:

[tex]\Delta \% =100\left(\frac{final value-initial value}{initial value}\right)\\ \\ \Delta \% =100\left(\frac{2758526-2838233}{2838233}\approx -2.8\% [/tex]

You treat your friend to lunch. The food bill was $30.24. A 7% sales tax will be added and you want to leave a 20% tip.
a. Find the sales tax.
b. Find the tip.
c. Find the total amount you pay for lunch.

Answers

Answer:

a. $2.12

b. $6.45

c. $38.81

Step-by-step explanation:

a.

I'll convert 30.24 and 7% into fractions.

756/25 * 7/100

Cross cancel 756 and 100 (GCF is 4)

189/25 * 7/25

Convert above into a single fraction

(189 * 7)/(25 * 25)

Multiply 189 by 7, then 25 by 25.

1323/625

Divide, then round to the nearest cent

$2.1168 ≈ $2.12 in sales tax

b.

Like before, I'll convert $32.26 ($30.24 + $2.12) and 20% into fractions.

1613/50 * 1/5

Multiply 50 by 5.

1613/250

Divide, then round to the nearest cent.

$6.452 ≈ $6.45 in tip money

c.

This is probably the simplest part of the 3. Just add $30.24 + $2.12 + $6.45.

$30.24 + $2.12 + $6.45

$32.36 + $6.45

You pay a total of $38.81 for lunch.

Please Help WORTH 15 POINTS Highlighted one is wrong

Answers

Would be A. Hope it helped

Answer:

change in buyer tastes.

Step-by-step explanation:

Buyers now want more donuts than the other goods.

increase in the cost of donuts is more likely to decrease the amount of donuts consumed, as they would be more expensive

consumers expecting something doesn't necessarily change anything, as they haven't yet dropped and therefore it's unlikely they'd increase the demand until they actually were cheaper.

Coffee doesn't necessarily effect donut sales, unless stated in the question.

I need help with number 8

Answers

Answer:

507.6 yd³

Step-by-step explanation:

54x9.4=507.6 yd³

3 ( 2 - 2 ) + 2 ( - 2 x 3 + 4 )​

Answers

The answer to your question given that the X is a multiplication symbol would be -4.

would appreciate some help

Answers

Answer:

I think its b plz don't get mad I am not so sure

b ...............,..........

Which decimal number best describes the fraction fraction 79 over 6

Answers

Answer:

13.1666666666666.....and so on the 6 repeating forever. So it is a repeating decimal.

Step-by-step expl

2. Gerald was given the following problem to solve for the length of the “?”. He has made a mistake in his work. Identify and describe how he made his mistake. Then, solve the problem correctly.

Answers

Answer:

x = 18.7

Step-by-step explanation:

Gerald's answer is almost correct.  

He just needs to switch the 14 and the x.

it should be

24/x = 18/14

solve for x by cross multiplication

18x = (24)(14)

18x = 336

x = 18.7

PLZ HURRY IT'S URGENT!!!
Identify the zeros of the quadratic function.
x=1 and x= -3
x= -1 and x=3
y= -1 and y= -3
y= -1 and y=3

Answers

Answer:

The roots of a function are the x-intercepts. By definition, the y-coordinate of points lying on the x-axis is zero. Therefore, to find the roots of a quadratic function, we set f (x) = 0, and solve the equation, ax2 + bx + c = 0.

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

Samantha gets paid $4,000 each month. She spends a total of $3,700 on housing, food, transportation, and phone bills. If Samantha wants to buy a new laptop for $1,200, how many months will she have to save up for it?*
A. 1 month
B.3 months
C.4 months
D.I don't know

Answers

Answer:

C. 4 months

Step-by-step explanation:

4000-3700= 300 leftover every month

1200/300=4

after 4 months she will have $1,200

I believe the answer is c

Help quick
I need the answer

Answers

Answer:

Step-by-step explanation:

A. is 65

B. is 78

C. is 37

Answer:

Angle (A) : 65 degree

Angle (B) : 78 degree

asking for the equation

Answers

-7/5 + 3 hope this helps

Determine the missing side of a right triangle if one side
length is 15 and the hypotenuse measures 17 units.

Answers

Answer:

215 units

Step-by-step explanation:

Which is an equation of the line that passes through the points (-6, 3) and (2, 7)?

Answers

Answer:

slope: 1/2

y: intercept: (0;6)

so B

The equation of the line is y = x/2 + 6 which passes through the points (-6, 3) and (2, 7) option (B) is correct.

What is a straight line?

A straight line is a combination of endless points joined on both sides of the point.

The slope 'm' of any straight line is given by:

[tex]\rm m =\dfrac{y_2-y_1}{x_2-x_1}[/tex]

It is given that:

The line that passes through the points (-6, 3) and (2, 7)

The equation of the line:

y - 7 = (7 - 3)/(2 + 6)[x - 2]

The ratio that y increase as x increases is the slope of a line. The slope of a line reflects how steep it is, but how much y increases as x increases. Anywhere on the line, the slope stays unchanged (the same).

y = (1/2)x - 1 + 7

y = x/2 + 6

Thus, the equation of the line is y = x/2 + 6 which passes through the points (-6, 3) and (2, 7) option (B) is correct.

Learn more about the straight line here:

brainly.com/question/3493733

#SPJ2

Gary can hike 2.5 miles in 30 minutes.At that rate, how long will it take him tohike the 8 miles to Chena Lake?

Answers

Answer:

96 minutes

Step-by-step explanation:

1. find the quotient of 8 and 2.5. Which is 3.2

2. then find the product of 30 and 3.2 to get 96 minutes.

What is the quotient of 2/3/4 ÷ 1/4

Answers

Answer:

11

Step-by-step explanation:

Do kcf (keep,change,flip)

First, covert 2 3/4 into an improper fraction

Then after you do that you get 11/4

so you do the equation 11/4 ÷ 1/4

when you do kcf it would be 11/4 × 4/1=

11/4×4/1=44/4 simplify divide both by 4 = 11

Area of the Composite Figure:
in?
8 in
bi
16in

Answers

Answer:

86.14 in.²

Step-by-step explanation:

Area of the composite figure = area of semicircle + area of rectangle + area of triangle

= (½πr²) + (L*W) + (½bh)

Where,

r = ½*6 = 3 in.

L = 8 in.

W = 6 in.

b = 16 - 8 = 8 in.

h = 6 in.

Plug in the values and solve

Area of composite figure = (½*π*3²) + (8*6) + (½*8*6)

= 14.14 + 48 + 24

= 86.14 in.²

~!!!!HELPPPPPPP IM IN 7TH GRADE LEARNING 9TH AND 8TH GRADE MATH !!!!~
QUESTION~
For the function in Item 2, what is
the average rate of change over
the interval 2 ≤ x ≤ 3?
A.(0)
B.(1)
C.(5)
D.(25)

Answers

Answer:

See below.

Step-by-step explanation:

You don't show what the function is, but I'll explain how to do it.

The average rate of change of function f(x), from x = a to x = b, is given by the fraction:

[tex] \dfrac{f(b) - f(a)}{b - a} [/tex]

Since I don't know what the function is, I cannot evaluate the function at x = a and at x = b, which in your case are x = 2 and x = 3, but you can do it.

Here are the steps you need to do:

1) Evaluate the function at x = 3. Get a value for f(3).

2) Evaluate the function at x = 2. Get a value for f(2).

3) Evaluate the following fraction, after writing the values for f(3) and f(2) that you found in steps 1) and 2) above.

[tex] \dfrac{f(3) - f(2)}{3 - 2} [/tex]

The denominator above is easy. It's just 1.

Try it and see what you get. You can write the function and your answer in the comments if you need more help.

3/20 3/10 1/10 1/5 1/4
Least To greatest

Answers

Answer:

1/10,  3/20,  1/5,  1/4,  3/10

Step-by-step explanation:

its least to greatest

Answer: Order from Least to Greatest

1/10 < 3/20 < 1/5 < 1/4 < 3/10

Step-by-step explanation:

Henry buys a softball for $16 plus a 9% tax. Ella buys a pair of shoes for $17 plus a 9% tax. Enter the difference in the amount
Henry and Ella paid, including tax. Round your answer to the nearest cent.

Answers

Answer:

The different of the tax was 0.09 cents

Step-by-step explanation:

1. Find how much the tax was

Henry = (16/100) (9) = (0.16) (9) = $1.44

Ella = (17/100) (9) = (0.17) (9) = $1.53

2. Subtract the taxes

1.53 - 1.44 = 0.09 cent

Which answer is a solution for x if
x
4
= 21

Answers

Answer:

x = 5.25

Step-by-step explanation:

If I am understanding the question correctly, you are asking to find x when 4x=21? If this is the case, then all you must do is divide 21 by 4, then you get 5.25.

Answer:

Step-by-step explanation:

Please I’ll do anything I’m begging

Answers

x=30°
Remember when it’s a 45° angle all sides are the same!! Hope this helped !!:)
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