Question

cent English (en) JANE tivity Qui Next Activity A student borrows some money $100 in 2020. At the end of 2024, his debt recorded $150. Calculate annual rate of interest? aved ut of 1.00 Select one: uestion a. 100% b. 12,5% OOOO c. 20% d. 50% page Next page d-ons. Choose add-ons Ask me later o w P Ti

Answer 1

S. I = P x RXT 100 1 p = initial ansaunty ( R = rate of interest T= tenne persed / (en years.) a 50 = 100 x R x 4 100 4 5000 = RX 4 10 0 5000 - R 9 400 + 2 12.5% = R ( erate of interest).