Mathematics, 08.07.2021 01:50 Dweath50

If a business borrows $12,600 and repays $23,940 in 5 years, what is the simple interest rate?

Answers: 2

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Answers

Answer from: serianmollel

18%

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Algebra I

Simple Interest Rate Formula: A = P(1 + rt)

P is principle amountr is ratet is time

Step-by-step explanation:

Step 1: Define

Identify variables

P = 12600

A = 23940

t = 5

Step 2: Solve for r

Substitute in variables [Simple Interest Rate Formula]: 23940 = 12600(1 + 5r)[Division Property of Equality] Divide 12600 on both sides: 19/10 = 1 + 5r[Subtraction Property of Equality] Subtract 1 on both sides: 9/10 = 5r[Division Property of Equality] Divide 5 on both sides: 9/50 = rRewrite: r = 9/50Evaluate: r = 0.18Convert: r = 18%

Answer from: Quest

The answer is d 18ft

Answer from: Quest

second option

step-by-step explanation:

the measures of a triangle equal 180. use that to find x.

2x+3x+4x=180

9x=180

9x/9=180/9

x=20

now you know x, you know angle a is 40°, angle b is 60°, angle c is 80°.

because angle a is 40°, the first option doesn't work.

because angle b is 60°, the second option does work.

when you add angle a and b, you get 100°. complementary means it equals 90°, so the third option doesn't work.

when you add angle a and c, you get 120°, which is not 100.

Triangle abc has the angle measures shown. ma= (2x) mb = (3x) mc = (4x) which statement is true abou

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