Here's what you need to know in order to answer this:
1 gallon = 128 fl oz
and
1 day = 24 hours.
Use those facts to invent fractions equal to ' 1 '.
Then use those to change the units of the "11 fl oz per hour".
You can multiply them ... since their value is ' 1 ', they won't
change the value of the "11 fl oz per hour", only the units.
(11 fl oz/hr) x (24 hr/da) x (1 gal / 128 fl oz)
= (11 x 24 x 1 / 128) (fl-oz - hr - gal) / (hr - da - fl-oz)
= 2.0625 gal/da
Answer:
A.) 15
B.) 1 year
C.) $50
D.) 1.5%
Step-by-step explanation:
The percentage equation goes thus:
Interest earned = principal * rate * time
A)
Principal: $100 Interest rate: 5% Time in years: 3 Interest earned
Interest earned = $100 * 0.05 * 3
Interest earned = $15
B.)
Principa;" $500 Interest rate: 4% Time in years: interest earned: $20
Interest earned = principal * rate * time
20 = 500 * 0.04 * time
20 = 20 * time
Time = 20 / 20 = 1
Time = 1 year
C.)
Principal: Interest rate:10% Time in years: 7 Interest earned:$35
Interest earned = principal * rate * time
$35 = principal * 0.1 * 7
$35 = principal * 0.7
Principal = $35 / 0.7
Principal = $50
D.)
Principal: $200 Interest rate: Time in years:2 Interest earned: $6
Interest earned = principal * rate * time
$6 = $200 * rate * 2
$6 = $400 * rate
Rate = $6/$400
Rate = 0.015 = 1.5%
3.5 years (so 4 years)
2500×0.065 (this gets the amout earned per year) =162.5
568.75÷162.5 (how many years to get the desired amount) =3.5
You deposit some money into a bank account paying 8% simple interest per year. You received $500 in interest after 2 years. How much the deposit (principal) was?
Result
The principal was $3125.
Explanation
Find principal by using the formula I=P⋅i⋅t, where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.
In this example I = $500, i = 8% and t = 2 years, so
IPPP=P⋅i⋅t=Ii⋅t=5000.08⋅2=3125
