Question

What percentage interest rate is a loan that charges one hundred dollars in simple annual interest over 5 years on a one thousand dollar balance?

zero point two four percent

two percent

twenty percent

twenty-four percent

Answer 1

@Nurali posted :)

Answer 2

I = PRT

100 = 1,000 * R * 5

100 = 5,000R

100/5,000 = R

0.02 = R

Rate = 2%

Answer 3

Nadia took two practice exams to prepare for her college entrance exam. On the first practice exam, she scored one thousand two hundred. After studying, her score increased by twenty percent. What was her score on the second practice exam?

one thousand two hundred twenty

one thousand four hundred

one thousand four hundred forty

one thousand five hundred

Answer 4

8 more questions :D

Answer 5

one thousand two hundred twenty

Answer 6

Fayed tipped the pizza delivery driver three dollars for pizzas that cost twenty-four dollars. What percent did he tip the driver?

three percent

eight percent

twelve point five percent

twenty-one percent

Answer 7

twenty-one percent

Answer 8

Which of the following forms a proportion with nine over fifteen?

twelve over twenty

ten over six

fifteen over twenty-one

three over forty-five

Answer 9

7 more questions.

Answer 10

ten over six don't know

Answer 11

thats fine

Answer 12

Danika has saved enough money to pay cash for a used car. She wants to buy a car that costs four thousand nine hundred dollars before taxes. If she will be charged seven percent sales tax, what is the total amount she will pay for the car?

four thousand five hundred fifty-seven dollars

four thousand nine hundred seventy dollars

five thousand two hundred forty-three dollars

five thousand six hundred dollars

Answer 13

four thousand five hundred fifty-seven dollars

Answer 14

Which of the following would you use as the percent equation to determine what number is thirty percent of ninety?

a equals zero point three times ninety

ninety equals zero point three times a

a equals zero point nine times thirty

thirty equals zero point nine times a

Answer 15

@Nurali

Answer 16

thirty equals zero point nine times a don't know.

Answer 17

Lydia received a parking ticket because she parked ten feet from a fire hydrant. She had estimated her distance from the fire hydrant as being the minimum allowable distance, which is fifteen feet. What was her percent error?

fifteen percent

thirty-three percent

fifty percent

sixty-seven percent

Answer 18

3 more!!!!!!!

Answer 19

fifty percent

Answer 20

ok

Answer 21

What percentage interest rate is a loan that charges in simple annual interest over 5 years on a balance?

Answer 22

@shyshy_falcon3113
Principal = P = $5000
Simple interest = I = $5000
Rate percent p.a. = r
Period = t = 5 yr
I = (P r t)/100
=> 5000 = (5000 * r * 5)/100
=> 100 = 5r
=> r = 100/5 = 20 Answer