Moira borrowed $4,500 from her grandfather to pay for her first year of college. Three years later, she repaid the $4,500 along with an interest of $243. What was the annual interest rate? Round your answer to one decimal place.

9514 1404 393

  1.8%

Step-by-step explanation:

The effective rate can be found using the simple interest formula.

  I = Prt . . . interest of principal P at annual rate r for t years

  r = I/(Pt) . . . . solve for r

Using the given numbers, we have ...

  r = 243/(4500·3) = 0.018 = 1.8%

The annual interest rate was 1.8%.

d. bc = 12 and ef = 16

step-by-step explanation:

we are given that δabc : δdef such that .

also, it is given that

so, from the options, we need that .

a.

b.

c.  

d.

as, we can see that only option d gives the same ratio as i.e. .

hence, the possible lengths are bc = 12 and ef = 16.