$500 was earned over 3 years
so, to find one year
500 ÷ 3 = $166.67
Interest for one year is $166.67
Interest rate for one year is 8%
8% = 166.67
1% = $20.83
100% = $2083.33
Principal amount is $2083.33
Answer:
A graph with points connected by lines to show how something changes in value:
• as time goes by,
• or as something else changes.
Step-by-step explanation:
Answer:
The speed of the boat in still water is 10 miles / hour
Step-by-step explanation:
The trip there, and the trip back are the same -- 30 miles
Let the rate of the boat = x
Let the rate of the water = y
30 = 2*(x + y)
30 = 6*(x - y)
Divide the top equation by 2
Divide the bottom equation by 6
15 = x + y
<u>5 = x - y </u> Add the equations together.
20 = 2x Divide by 2
20/2 = x
x = 10
