Principal Time. Rate $470. 10 days. 9% Whats the interest?

Mathematics

2 answers:

Andrej [43]3 years ago

8 0

Principle=P=470
Time=T=10
Rate =R=R=9%

Interest be I

If interest is daily

I=PRT/100
I=470(10)(9)/100
I=4230/10
I=423$

If interest is monthly (30days)

I=(470)(1/3)(9)/100
I=470(3)/100
I=1410/100
I=14.10$

tigry1 [53]3 years ago

8 0

Answer:

$ 1.20

Step-by-step explanation:

$\sf Time = 10 \ days = \dfrac{10}{365}=\dfrac{2}{73}$

$Interest = Principal * time *rate\\\\\\=470*\dfrac{2}{73}*\dfrac{9}{100}\\\\= 1.20$

= $ 1.20

You might be interested in

Kyle pays £720 for the mortgage of his house each month, out of his monthly salary of £1700 .

sesenic [268]

Answer:

About 42%

Step-by-step explanation:

4 0

3 years ago

I need help with my homework

yarga [219]

Answer:

where's the question.........

8 0

3 years ago

Prove that the two circles shown below are similar.

s344n2d4d5 [400]

The circles B and D are similar since the radius of the former is as twice as the radius of the latter.

<h3>Are the two circles shown in the figure similar?</h3>

By geometry we know that circles are defined by only one characteristic: radius. If two circles are similar, then the radii must be <em>different</em>. After a quick look at the figure, we conclude that the radii are $r_{B} = 4$ and $r_{D} = 2$ . Hence, the circles B and D are similar since the radius of the former is as twice as the radius of the latter.