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Mathematics 20 Online
lilcutie2:

help

lilcutie2:

number 8

Treybepopp1n:

U need Help?

lilcutie2:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Treybepopp1n U need Help? \(\color{#0cbb34}{\text{End of Quote}}\) yes

Treybepopp1n:

Okay search Annual rate calculator and that should help U

Angle:

how much more is 9230 compared to the original price? (what is the interest you paid)

Angle:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Treybepopp1n Okay search Annual rate calculator and that should help U \(\color{#0cbb34}{\text{End of Quote}}\) most annual rate calculators online do compounding interest - this question is asking for simple interest

lilcutie2:

divide

441204:

im pretty sure division is required for this

Angle:

i-

Treybepopp1n:

hmmm.. Sure

Angle:

9230 - 6500 = ?

lilcutie2:

2730

Angle:

then divide by 3 because there were 3 years

lilcutie2:

910

Angle:

what percent is 910 out of 6500?

lilcutie2:

divide

Angle:

yes \(\frac{910}{6500}*100 = ?\)

lilcutie2:

14%

Trickjoker:

Yes....

KjSaif:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @lilcutie2 14% \(\color{#0cbb34}{\text{End of Quote}}\) Correct, the annual rate is 14%

lilcutie2:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @KjSaif \(\color{#0cbb34}{\text{Originally Posted by}}\) @lilcutie2 14% \(\color{#0cbb34}{\text{End of Quote}}\) Correct, the annual rate is 14% \(\color{#0cbb34}{\text{End of Quote}}\) thank you

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