Answer:
a. Simple interest = $174
b. Compund interest = $1187.1
Step-by-step explanation:
Given the following data;
Principal, P = $1000
Interest, R = 2.9%
Time, T = 6 months
a. To find the simple interest;
S.I = (PRT)/100
S.I = (1000*2.9*6)/100
S.I = 17400/100
S.I = $174
b. To find the compound interest;
Substituting into the formula, we have;




A = $1187.1
To get this answer you would have to have a pace calculator!
Answer:
425-65=360
360-65=295
Mrs Chan had at first 295 cookies
The unit rate for $240 per 4 days is $60 per 1 day.
To get a unit rate you must simplify the rate down to $X per 1 day.
To get 4 days down to 1 day you must divide 4 by 4.
Doing the same to the other side you divide 240 by 4.
So now you have $60 per 1 day.