Salma invested $8000 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was $1400. As a percentage, what was the annual interest rate of her investment?

9514 1404 393

  about 2.917%

Step-by-step explanation:

The simple interest formula can be used. Fill in the known values and solve for the unknown.

  I = Prt . . . . principal P invested at rate r for t years

  1400 = 8000(r)(6)

  r = 1400/48000 = 7/240 = 0.0291666...

Salma's interest rate was about 2.917% per year.

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!

each side has a different length.  

step-by-step explanation: