Interest rate (also called the rate of return).
For example:
What is the interest rate on a 10,000$ principle investment that pays 500$ after one year?
10000 * r = 500
r = 500 / 10000
r = .05 = 5%
Check:
10000$ @ 5%/1 yr = i
10000 * 5/100 = i
10000 * .05 = 500 ($ Interest at the end of 1 yr)
500 = 500 = true!
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Response 1:
what is the answer
d. percent of change
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unicameral
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The term that refers to the percentage that is taxed is the tax rate. In most cases, the tax rate is progressive depending on the level of income.
Interest rate (also called the rate of return). For example: What is the interest rate on a 10,000$ principle investment that pays 500$ after one year? 10000 * r = 500 r = 500 / 10000 r = .05 = 5% Check: 10000$ @ 5%/1 yr = i 10000 * 5/100 = i 10000 * .05 = 500 ($ Interest at the end of 1 yr) 500 = 500 = true! ======== Response 1: what is the answer d. percent of change
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