Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Your answer is 21.7724<span>Kilograms</span>
The GCF (Greatest Common Factor) of 25 and 65 is 5. So, we can divide both numbers by 5.
25 / 5 = 5
65 / 5 = 13
Now, put it into a fraction.
5/13
This cannot be simplified any further.
Best of Luck!
There would be four sides, three around and the bottom base <span />
First, we need to know how much profit in dollar value by this method
profit = percentage × whole price
Plug in the numbers to the formula above
profit = percentage × whole price
profit = 40% × 25
profit = 0.40 × 25
profit = 10
The profit Daniel gets is $10
Second, add the original price and the profit together and you'll find the new price.
new price = original price + profit
new price = $25 + $10
new price = $35
Daniel sold the computer game for $35
