Simple interest formula:
I=PRT
I(interest money created in dollars)
P(initial amount of money)
R(interest rate as a decimal)
T(time in years)
I=7000(.07)(6)
I=$2,940
Therefore, the future value of A is $2,940
Answer:
x =10
Step-by-step explanation:
52 - 12 = 40
40 divide 4 = 10
she has 10 boxes
Let:
x= quarters
y= dimes
x+y=67
and
.25x+.10y=12.40
x=67-y
.25(67-y)+.10y=12.40
16.75-.25y+10y=12.40
16.75-.15y=12.40
Lets rearrange this:
-.15y+16.75=12.40
-16.75 -16.75
-.15y=-4.35
the negatives cancel out
.<u>15y</u>=<u>4.35
</u>.15<em /><em> <u /></em>.15
y=29
Back to the original x=67-y
x=67-29
x=38
So,
x=38
y=29
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