I dont know that but i need points so thanks
Answer:
Interest = $20
Amount due = $120
Step-by-step explanation:
This is a Simple Interest problem. Simple interest is given as:
I = (P * R * T) / 100
Where I = interest
P = principal or amount loaned
R = rate of interest
T = time elapsed
Ted borrowed $100 from 2 years at a 10% interest rate.
This means that P = $100, R = 10%, T = 2 years.
Hence, the interest will be:
I = (100 * 10 * 2) / 100
I = 2000 / 100
I = $20
The interest after two years will be $20.
Therefore, the total amount due at the end of the loan is:
A = P + I
A = 100 + 20 = $120
The amount due is $120.
0.00592 ≈ 0.0059 to 4 decimal places.
The number after the fourth decimal place is 2, and this is not up to 5, so we round down.
Answer:
-90 - (-144)
Step-by-step explanation:
Here you go!
Since we're depositing, you'll add the three numbers.
45 + 27 + 18 = $90
Cody deposits 90 dollars in total.
If you write checks, the numbers go down. So you'll add them, and then subtract that by the 90 dollars Cody deposits.
You'll end up with:
45 + 27 + 18 - (21 + 93)
This can simplify to..
90 - (21 + 93)
But wait! Let's add what's in the parenthesis!
93 + 21 = 144
90 - 144 = t
t = -54
Solving this equation will give you: -54
But the simple way is -90 - (-144)
I think the answer is 16 but I’m not entirely sure
