Answer:
$2,340
Step-by-step explanation:
Simple interest is calculated using the formula: I = prt, where I = simple interest, p = principle amount, r = interest rate and t = time in years. Since the initial, or principle amount is $12,000, the interest rate is 3.9% (0.039) and the time is 60 months, or 5 years (60/12 = 5), we can put these values into the formula and solve for 'I':
I = (12,000)(0.039)(5) = $2,340
Answer:
x=4
y=3
Step-by-step explanation:
we have the following equations
3x+y=15 equation 1
5x-4y=8 equation 2
using equation 1 we have:
y=15-3x equation 3
using equation 3 in equation 2 we have:
5x-4(15-3x)=8
5x-4*15+4*3x =8
5x-60+12x = 8
17x=68
x=68/17
so we have x=4
finally in equation 3:
y = 15-3(4)
y = 15-12
y = 3
Are you have to do now that I have some multiplication is 36+72 that will give you your answer