Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?

8.5%

Step-by-step explanation:

This is simple interest.

The formula fie finding simple interest is

I = principal × rate × time

100

I = PRT/100

From the given values,

P = $5,500, T = 4years, R = ?, I = $1,870

Now we shall change the formula which is fundamental or in situ to suit the rate R.we now have

I = PRT

100

PRT = I × 100

R. = I × 100

P × T

= 1,870 × 100

5,500 × 4

= 1,870 × 25

5,500

= 187000/4

5500

= 46750/5500

= 8.5%

Therefore, the imtetest rate at which the loan was calculated is

8.5%.

choice b is correct

step-by-step explanation:

we have been given the following system of inequalities;

we are required to graph the solution to the system of inequalities. using a graphing tool, the graph of the system is as shown in the attachment. the continuous line represents the graph of while the dotted line represents .

answer is d-29

step-by-step explanation:

since you didn't include the picture, i can give you the description so you know how to pick the correct answer. the third quartile of a data is always shown in a box plot. in the middle of your graph should be a box. the third quartile is the value that goes with the far right edge of the box.