Answer:
$1,125 in interest.
Step-by-step explanation:
We need the formula of I = P * i * t where P is the total principle, i is the rate of interest per year, and t is the total time in years.
So we have
P = $7,500
i = 5%
t = 3 years
I = 7500 * 0.05 * 3
I = 1,125 (Interest)
Now we need to find the amount using A = P + I
A = 7,500 + 1,125
A = 8,625
Therefore $8,625 is our total. While our interest is $1,125.
Answer:
I dont have a question but thanks so much for doing that!
Step-by-step explanation:
Answer:
A = P(1 + r)t i think
Step-by-step explanation:
X=-7 divide both side by 3. Any expression divided by itself equals 1. Dividing a positive and a negative equals a negative. Calculate the quotation. Then you get X=-7
To find the tax amount included :
172 ×(5/100) = 8.6
Then for the actual price
172+8.6= $180.6