Pablo borrowed $50,000 to start a business. three years later, he repaid the $50,000 along with an interest of $9,375. what was the annual interest rate? round your answer to two decimal places.

The annual interest rate is 5.89%.

Step-by-step explanation:

Principal =  $50,000

Interest = $9,375

Amount = Principal +interest

Amount = $50,000+$9,375

Amount = $59375

Time = 3 years

We are supposed to find the rate of interest

Formula :

Hence The annual interest rate is 5.89%.

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1

10.416 meters per second

step-by-step explanation:

distance=1 00 meters

time= 9.6 seconds in decimal form or 9 3/5 as a mixed number

average speed= 100/9.6

=10.416 meters per second or 10 52/125 as a mixed number.