What is the interest rate when you borrow $600 for 1 year and pay $45.00 interest?

Answers

Answer 1

Answer:

Im not certain but I think 7.5% If you get another answer which is different trust them not me if u get one which is the same it should be correct

Answer 2

The interest rate was 7.5% when borrowing $600 for one year and paying $45.00 interest.

What is the simple interest?

Simple interest is defined as interest paid on the original principal and calculated with the following formula:

S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100.

We have been given data as:

Principal (P) = $600

Time (T) = 1 year

Simple interest = $45.00

⇒ Simple interest = P × R × T

Substitute the value of P, and T in the above formula, and solve for R

⇒ 45.00 = 600 × R × 1

⇒ 45.00 = 600R

⇒ R = 45.00/600

⇒ R = 0.075

⇒ R = 7.5/100

⇒ R = 7.5%

Therefore, the interest rate was 7.5%.

Learn more about the simple interest here:

brainly.com/question/22621039

#SPJ2


Related Questions

Is my answer correct?

Answers

Answer:

yes $56 is correct

Step-by-step explanation:

The 3 part of the ratio relates to $42 , then

$42 ÷ 3 = $14 ← value of 1 part of the ratio , then

4 parts = 4 × $14 = $56

John had $200 in his bank account. He made a purchase at the grocery store that was $1.50 more than he had in his account. Select the point o
the number line that represents the balance of his bank account after buying groceries.

Answers

Answer: on the number line put -1.50 (1 and a half (1 1/2))

Step-by-step explanation:

$1.50 more than his account is $200.

the balance should be $-1.50

on the number line put -1.50

A right triangle has leg lengths of 6 cm and 9 cm,
find length of the missing side.

help please :)

Answers

Answer:

3*sqrt13

Step-by-step explanation:

You search for hypotenuse

Squared hypotenusw is equal to 6^2+9^2= 36+81=117

Hypotenuse is equal to sqrt117= sqrt9*sqrt13= 3*sqrt13

Write 4/33 as a decimal step by step please

Answers

Answer:

0.12121212121212

Answer:

0.12121212...

Step-by-step explanation:

4÷33

What is the quotient of 4.653 x 107 and 7.05 x 103 expressed in scientific
notation?

Answers

46530000 / 7050 = 6600 = 6.6 x 10^3

Write a word problem for this equation: $14 - x = $3

Answers

Answer:

$14 - x = $3

Step-by-step explanation:

$14 - x = $3

1111111111111111

1111111111111

Help with this IXL question.

Answers

Answer:

U=(0,-3) s=(10,-8)

Step-by-step explanation:

Plot it and then just draw the rectangle again with the same length as the original one

y=x^2-2x-5 vertex form

Answers

Hey there! I'm happy to help!

First, we'll want to find the vertex of this parabola.

Given the equation y=ax^2+bx+c, the formula for the x-coordinate of the vertex is always [tex]-\frac{b}{2a}[/tex].

In our equation here, our a is 1 and our b is -2.

[tex]-\frac{-2}{2}=\frac{2}{2}=1[/tex]

Now that we have our x-value of our vertex, we can plug it into our equation to find our y-coordinate.

y=1²-2(1)-5

y=1-2+5

y=-1+5

y=4

So, our vertex is at (1,4).

Vertex form is y=a(x-h)²+ k where (h,k) is our vertex. We know now that our vertex is (1,4) and we also know that our a is 1, so we can simply plug it in to this equation.

y=(x-1)²+4

Have a wonderful day and keep on learning! :D

PLS HELP WILL MAKE FIRST RIGHT ANSWER BRAINLIEST ​

Answers

The correct answer is A.

Find the midpoint of the line segment with the given endpoints. (6.-3), (8.-2)​

Answers

Hey man, refer the attachment.

which expression are equivalent to the given expression
y^-8 y^3 x^0 x^-2

Answers

Answer:

y^-24, x^-2 y^-5, 1/ y^24, x^2/y^11, x^2y^-11 and 1/ x^2y^5

ok i tried searching up the problem and how to solve it but didn`t come up with much.

i don`t know if this changes anything, but I noticed that some of these answers are opposites

ex (from the sequence you gave me in the comments below)                                      : y^-24, x^-2, y^-5, y^24, x^2,  y^5

maybe thats what it meant by matching the expressions?

again, sorry if this wasnt much help i have a small brain DD::

Which description best compares the graphs of the two functions below ?

Answers

Answer:

The line for function A is steeper

Step-by-step explanation:

The y-intercept of both functions is the same, but the line for function A is much steeper.

At a day care center for toddles there is one
teacher for every 7 toddlers. Determine
whether there is a direct variation between
the number of toddlers, y, and the number of
teachers, x. If so, find the equation of direct
variation.

Answers

Answer: x = 7y.

Step-by-step explanation: There is direct variation between the number of toddlers and the number of teachers. We know this because when one increases, the other would as well. We can write the equation of direct variation as x = 7y.

Yes there is a direct variation between the number of toddlers and the number of teachers.

If there is one teacher(x) for every 7 students(y)

The equation would be,

x = 7y

What is Polynomial Function

Answers

Answer:

A polynomial function is a function that involves only non-negative integer powers or only positive integer exponents of a variable in an equation like the quadratic equation, cubic equation, etc.

Step-by-step explanation:

plz add it as brainliest

Answer:

A polynomial function is a function that involves only non-negative integer powers or only positive integer exponents of a variable in an equation like the quadratic equation, cubic equation ...

Step-by-step explanation:

Add theother person as brainly

Can you answer this, please?

Answers

Answer:  C) 3

Explanation:

The degree of a single variable polynomial is the largest exponent, which in this case is 3.

Answer:

3

Step-by-step explanation:

The degree is the largest exponent in a polynomial

Therefore, the degree in 5x^2 - 4x + 2x^3 is 3

Determine whether the graph is the graph of a function.
Yes or no.

Answers

i'm pretty sure it is a function!
if you put a vertical line on any point of the function, it does not touch the vertical line in two different places at all! i hope this helps :)

The table below shows primary school enrollment for a certain country. Here, x represents the number of years after 1820, and y represents the enrollment percentage. Use Excel to find the best fit linear regression equation. Round the slope and intercept to two decimal places.

Answers

Answer:

I don't know if you can solve it without the table since we have to do the calculations with the table. If you put up the table that should help alot.

calculate Z
z = 81
z = 30
z = 15
z = 20​
choose the only correct answer

Answers

Z = 15 ( Use Pitago’ Theorem)
Correct Answer - z=15 :)

Shelly and Terrence earned points in a game by come playing various tasks. Shelly completed x tasks and scored 90 points on each one. The expression below shows Terrence’s total points in the game:

90x - 20

What does the constant term of expression represent?

Answers

Answer:

The correct answer to the question is:

The difference between Shelly's and Terrence's total points.

Answer:

B

Step-by-step explanation:

The answer or the only choice you could pick, is D.

But it is not correct - not really.

The question says that 90x - 20 represents Terrence's points. Only if D is correct does 20 show his tasks. The question must have 2 answers.

So which one do you pick? You should never have to deal with this kind of question. The answer I think you need to give is B, but I wouldn't bet the farm on it.

The question should say 90*x - 20 has Terrence's tasks in it. Then the answer is B.

help needed urgently pls​

Answers

Answer:

The sum of the larger and smaller number is 15.

Step-by-step explanation:

Let x = smaller number

Let y = larger number

Set up a system of equations.

2y - x = 21

2y + x = 27

Add the two equations together to cancel out x

4y = 48

Divide both sides by 4

y = 12

Plug value into either equation to find x

2(12) - x = 21

24 - x = 21

x = 3

12 + 3 = 15

Write –0.4 in simplest form.

Answers

Answer as a Fraction: -2/5

Step-by-step explanation:

-0.4 = -4/10

       = -2/5

Does anyone know how to do this

Answers

Answer:

The solution is B

Step-by-step explanation:

[tex]x + 5 \geqslant 1 \\ x \geqslant 1 - 5 \\ x \geqslant - 4[/tex]

then:

[tex]x - 7 < - 3 \\ x < - 3 + 7 \\ x < 4[/tex]

therefore, interval [limits] of x:

[tex] - 4 \leqslant x < 4[/tex]

I have two ice cream and I - 5 ice creams how many ice cream will be left​

Answers

Answer:

2 1/5

Step-by-step explanation:

Solve for x

R=x-b/n

Show work

Answers

Step-by-step explanation:

There are several methods to solve equations of the type AX = XB. These type of equations occur in domains like robotics, for which solutions have been proposed like the Tsai and Lenz method [IEEE 1987], for example. 1) I feel solving the equation XA = XB is not the same as solving the known form AX = XB. Am I right? 2) Neither can it be solved like the Sylvester equation, because even that requires AX+XB=CAX+XB=C form. What i have is XA=XBXA=XB, a redundant set of equations. That is,

A1.XA2.XAn.X=X.B1=X.B2⋮=X.BnA1.X=X.B1A2.X=X.B2⋮An.X=X.Bn

If i am correct, these could be rewritten into another form like AX=BXAX=BX. Should i rewrite the equation and try to solve this problem using any other existing methods?

At a school camp there is enough food for 150 students for 5 days.
a How long would the food last if there were only 100
students?

Answers

Answer: 7.5 days or 7 days (round down)

Step-by-step explanation:

STEP ONE: Find the total number of food in 5 days

150 students

5 days

150 × 5 = 750 unit of foods

In another word, there is enough food for 750 students in one day.

STEP TWO: Find the days this amount of food would last for 100 students

750 unit of food

100 students

750 ÷ 100 = 7.5 days

7.5 (round down) = 7 days

**Disclaimer** Rounding down to 7 days means that these food are enough for all 100 students for a whole day. If keeping 7.5 days, this would mean either the students would not be full, or there would only be half of the student body could get food. From my knowledge, I would round down. HOWEVER, this all depends on the rules that you would apply in mathematics.

Hope this helps!! :)

Please let me know if you have any questions

A square vegetable garden has side lengths of 9 feet. You plant flowers i
the center portion of the garden, a square that has side lengths of 5
feet.You divide the remaining space into 4 equal sections and plant
tomatoes,onions, zucchini, and peppers. What is the area of the pepper
section?

Answers

Answer:

14 Sq ft

Step-by-step explanation:

9×9=81

5×5=25

81-25=56

56÷4=14

What is the prime factorization of 1,100?

Answers

So, the prime factorization of 1,100 can be written as 22 × 52 × 111 where 2, 5, 11 are prime.

please help i need it thank you so much i will mark brainliest if correct.

Answers

Answer:

B. its B

Step-by-step explanation:

The answer is B! :)

Find the midpoint of me of the line segment

Answers

A and b are themself midpoint

What is -4 - 6?? ………….

Answers

[tex] - 4 - 6 \\ taking \: ( - ) \: common \\ - (4 + 6) \\ - (10) \\ - 10 \: \: is \: your \: answer[/tex]

Answer: -10

Step-by-step explanation:

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