Answer:
Step-by-step explanation:
Answer:
5,800,000,000,000
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Step-by-step explanation:
Answer: 320
Step-by-step explanation: (218/245) * 360 (Degrees in a circle) = 320.326
Rounded to the whole number is 320
Discussing interest starts with the principal, or amount your account starts with. This could be a starting investment, or the starting amount of a loan. Interest, in its most simple form, is calculated as a percent of the principal. For example, if you borrowed $100 from a friend and agree to repay it with 5% interest, then the amount of interest you would pay would just be 5% of 100: $100(0.05) = $5. The total amount you would repay would be $105, the original principal plus the interest.
Simple One-time Interest
I = P0r
A = P0 + I = P0 + P0r = P0(1 + r)