Mr. Jamison wants to borrow $375,000 to open a Pizza Shack franchise. If he can pay $28,125 a year in interest, what interest rate can he afford to pay his loan? (write your answer as a percent)

Answer:

Step-by-step explanation:

Principal amount p = $375000

Per annum interest I = $28125 

Let r is the rate of interest.

Time t = 1 

We know, I = prt/100

28125 = 375000×r×1/100

28125 = 3750r 

r = 28125/3750 

r = 7.5 

So he can afford 7.5% interest rate

The interest rate can he afford to pay on his  | loan =7.5%

Step-by-step explanation:

Given: Principal amount = 375,000

Interest amount per year =  $28,125

Interest percentage =

Hence, The interest rate can he afford to pay on his  | loan =7.5%

The total nom of  code that can be used is equal to 5+3 = 8

F=ma

where F=force

m=mass

a=acceleration

Here,

F=4300

a=3.3m/s2

m=F/a

    =4300/3.3

    =1303.03kg

30% of 420 are first year students

first year students = (30/100 )*420

=126 students

Student who are not in first year = 420-126

=294 students  

Area of rectangle= L*b

here,

L=12.4 cm

b= 8.8 cm

A= L*b

= 12.4 * 8.8 = 109.12 cm^2

Let the father's age be x and son's be y

10 years before-

Father age=x-10

sons age=y-10

Given,

x-10=10(y-10)

x-10=10y-100

Given present age of father=40

therefore,

x=40

40-10=10y-100

10y-100=30

10y=130

y=130/10

y=13

Therefore present age of son=13years

The solution is given below

The answer is in the image 

Decrease in bikes sale = 650 - 572 = 78

%Decrease = (change)/old value * 100

%Decrease in sale = 78/650 * 100 = 12%

Decrease in sale = 12%