Answer:
$936
Step-by-step explanation:
Simple interest is money you can earn by initially investing some money (a.k.a the principal). In return, a percentage (a.k.a the interest) of the initial money invested is added to the principal, this is what makes your initial investment grow.
The equation for simple interest is:
I = P x r x t
P = Principal, $2600
r = interest rate, 12%
t = time involved, 3 years
Fill in the values:
2600 × 0.12 × 3 = $936.00
Answer:
teacher got the answer physical theripists wrong on usatestprep
the naswer is teacher i promise it is teacher
Step-by-step explanation:
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<h2><u>Solution</u><u>:</u><u>-</u></h2>
Answer:
I will need 26.4 pounds of the expensive nuts and 1.6 pounds of the cheap nuts.
Step-by-step explanation:
Since I have one type of nut that sells for $ 4.50 / lb and another type of nut that sells for $ 8.00 / lb, and I would like to have 28 lbs of a nut mixture that sells for $ 7.80 / lb, to determine how much of each nut will I need to obtain the desired mixture, the following calculation must be performed:
8 x 0.95 + 4.5 x 0.05 = 7.825
8 x 0.94 + 4.5 x 0.06 = 7.79
0.94 x 28 = 26.32
26.4 x 8 + 1.6 x 4.5 = 218.4
218.4 / 28 = 7.8
Thus, I will need 26.4 pounds of the expensive nuts and 1.6 pounds of the cheap nuts.
