Important variables to know:
I = interest
P = principal (investment)
R = simple interest rate
T = years
Formula: I = PRT
What information do we have?
I = $960
P = $4000
T = 3 years
R = ?
Plug into formula:
960 = 4000(3)(R)
960 = 12000R
R = 960/12000
R = .08
A. $4000 + $960 = $4960. (A= P+ I)
B. 8% (.08)
Part 2: 1080 = 4000*.09*3
A = 5080 - 4960 =$420.
Answer:
median 88 first 84 third 92
Step-by-step explanation:
The grandfather would be your parents.Hope it helps :)
Answer:
3+g=- 134
Step-by-step explanation: