The answer would be y=1/7x-4
Formula for compound interest is
Interest = Amount - Principal
Interest =
- P
Where r = rate in percent
t = time in years
For Jaina,
P = $300
r= 7%
t = 3 yrs
So, Interest =
- 300
For Tomas
P = $400
r= 4%
t = 3 yrs
So, Interest =
- 400
So pair of equations for Jaina and Tomas are
Interest =
- 300
Interest =
- 400
Answer:
24
Step-by-step explanation:
I have had this question before I know the answer
Answer:
15/100 x 700 = 105
Step-by-step explanation:
Consider 15% as 15 because you always consider a percent out of 100, you can remember by the word 'cent' meaning 100.
You need to FIRST find out what the percentage is OF whenever coming across these types of problems.
And the keyword 'of' means to multiply.