Answer: $40
Step-by-step explanation:
The key formula to use for this problem is the simple interest formula, which is
; where I is the interest earned, p is the principal (initial) amount, r is the interest rate, and t is the amount of time that passes.
Since we know that both investments have the same interest rate, we can use the information from the first part of the problem to solve for the interest rate. Using algebra, we can rearrange the simple interest formula to solve for the interest rate:
. We know that our interest earned is $24 and our principal amount is $300. To make things easier, we'll also convert months to years, which is easy to do since we know that 12 months = 1 year. This gives us our value for the amount of time that passes. Now, all we have to do is plug in our values into the rearranged equation above.
We should now have: 
Now, to find the interest earned from the $500 investment, we just need to plug in our values from the second part of the problem, along with our calculated interest rate of 0.08, into the original formula of 
This should result in 
Therefore, James will receive $40 on his $500 investment after 12 months.
Answer: 6 hours
Step-by-step explanation: If you write an equation for this scenario it would be y = 12+3x. 12 is the starting value and x represents how many hours the bike is rented, therefore 3 dollars would be added to the initial 12 each hour. So if Lucy spent $30 then it would change to 30= 12+3x. Now you essentially just need to work backwards. Rearrange the equation and move 12 to the left of the equal sign to make 30-12=3x. Combine vairable to make 18=3x. Divide 3x by 3 to isolate x and divide 18 by 3 as well to make it even. This looks like 18/3=3x/3. Meaning it would end up as 6=x.
Answer:
the answer is c and e
Step-by-step explanation:
just took it
Answer:
18%
Step-by-step explanation:
0.12 is 12 percent.
We also have the 0.06 percent which would just be 6 percent
We need to add up those percentages to get 18 percent, for the people surveyed that cannot swim would be 18 percent.
Our final answer is D.