Answer:
To find the simple interest, we multiply 40000 × 0.12 × 10 to get that:
The interest is: $48000.00
Usually now, the interest is added onto the principal to figure some new amount after 10 year(s),
or 40000.00 + 48000.00 = 88000.00. For example:
If you borrowed the $40000.00, you would now owe $88000.00
If you loaned someone $40000.00, you would now be due $88000.00
Step-by-step explanation:
hope this helps!
Answer:
A is 16, B just draw a line down from the inside square to make a rectangle, C. just multiply all the numbers around the square
Step-by-step explanation:
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Answer:
Principal amount of investment.
Interest rate.
Simple or compound interest.
Time to hold the investment.
Step-by-step explanation:
There are several factors to consider when building a savings fund for planned long term needs.
First of all, we have to consider the amount of principal money we can invest in. It may be a one-time investment or a systematic investment plan. I case of a one-time investment we can easily calculate the investment amount but in case of monthly or yearly investment, we have to be sure that we will be able to invest the amount for the said period of time.
Second is the interest rate that the fund is giving i.e. APR of the fund. Again, take care to identify whether it is a simple interest or compound interest. Obviously the compound interest is better than simple interest as it gives more interest.
The third is the time for which you can hold the money without withdrawal. (Answer)
Answer:
7. D. 130² ft.
8. She can feed 6 friends.
9. There are 7 trees in each row.
10. B. 490.
