2. a man needed money to buy lawn equipment. he borrowed $800.00 for 7 months and paid $53.94 in interest. what was the rate of interest?

The rate of interest is 11.558% per annum paid simply.

Step-by-step explanation:

Using the formula of simple interest we have

where

S.I = simple interest

P = Principal amount deposited

r = interest rate

t = time period for which the principal amount is deposited.

Applying values in the above expression we get

step-by-step explanation: you take each of the numbers and divide by the amount then you take the range

  or  

step-by-step explanation:

if the four friends split the cost, p, of the pizza evenly, then each friend pays one-fourth of the cost of the pizza.

the expression is   or