Sebastian's parents agree to lend him two hundred dollars for some gaming equipment, as long as he pays them back two hundred fifty dollars in a year's time. What is the rate of simple annual interest in this arrangement?
five percent
twenty percent
twenty-five percent
fifty percent
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Sebastian's parents agree to lend him two hundred dollars for some gaming equipment, as long as he pays them back two hundred fifty dollars ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Three friend earned more than 200 washing car. they paid their parents 28 for supplies and divided the redt of money equally. write an inequallity to find possible amounts each friend earned. Identify what your variable represents
Answers (1)
Cayden wants to buy a new bike that costs $191. This is $25 less then four times what he saved last month for the bike. How much money did cayden save last month to buy this bike?
Answers (1)
Determine the number of solutions for the equation shown below 2x=5+2x A:2 B:0 C:1 D: infinitely many
Answers (2)
Any number that can be written as a fraction is?
Answers (1)
The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the loan amount? A. $256,000 B. $258,000 C. $260,400
Answers (2)
New Questions in Mathematics
A 12-sided die is rolled. The set of equally likely outcomes is {1,2,3,4,5,6,7,8,9,10,11,12}. Find the probability of rolling a number less 3?
Answers (1)
Solution of (x - 6) 4
Answers (1)
A 96 mile trip required 6 gallons of gasoline. At the rate, how many gallons would be required on a 160-mile trip?
Answers (1)
Solve the equation for Y. 4x-5y=9
Answers (1)
The rate at which a planet receives heat from a hot sphere such as sun varies directly with the fourth power of the sun's absolute tempature, directly with the surface area of the Sun, and inversely with the square of the distance from the Sun to
Answers (1)