Krisi took out a $500 discounted loan calculated using a simple interest rate of 5% for a period of 2 years. What is the effective interest rate? Give your answer as a percentage to the nearest tenth of a percent.

Step-by-step explanation:

SI formula PxRxT/100

=500x5%x2/100

=50/100

=0.5%

hope this helps

3-4

step-by-step explanation:

the answer is 3-4 because both 45 and 60 has a multiple of 15.

45/3=15

60/4=15

therefore the odds against selecting a red is 4-3

let x be the money she spent so that she can earn the free t-shirt.

since, she already spent $112.49

⇒

also, as per the statement: jennifer must spend $250 or more in order to qualify for a free t-shirt at the store.

then,

we have an inequality i.,e

subtract 112.49 from both sides we get;

therefore, $137. 51 more money does jennifer need to spend so that she can earn the free t-shirt