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פּוֹפּוּלָרִי Word Problems >

If 500 yields 55.03 in simple interest over 5 years, what is the annual rate?

פתרון

I f 500 y i e l d s 55.03 in s im pl e in t eres t o v er 5 ye a rs, w ha t i s t h e ann u a l r a t e ?

פתרון

Rate : \frac{I}{2500}

צעדי פתרון

Translate the problem into an equation:

I = 500 r \cdot 5

I = 500 r \cdot 5, r

פתור בשביל:

r = \frac{I}{2500}

Rate : \frac{I}{2500}

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