You want to calculate the interest on $2000 at5.8% interest per month after six years?
Here is your formula: I =p*r*t
P is the principal amount which is $2000
R is the rate of interest which is 5.8% per month
T is the time involved whihc is six years
You’re interest is 8352.00
Answer:
Return on investment (ROI) = 7%
Step-by-step explanation:
Given:
Amount invested = $10,000
Total amount get (refund) = $10,700
Find:
Return on investment (ROI) = ?
Computation:
Amount Return = Total amount get (refund) - Amount invested
Amount Return = $10,700 - $10,000
Amount Return = $700
![Return\ on\ investment \ (ROI) = [\frac{Amount\ Return}{Amount\ invested} ]100\\\\Return\ on\ investment \ (ROI) = [\frac{700}{10,000} ]100 \\\\ Return\ on\ investment \ (ROI) =7](https://tex.z-dn.net/?f=Return%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D%20%5B%5Cfrac%7BAmount%5C%20Return%7D%7BAmount%5C%20invested%7D%20%5D100%5C%5C%5C%5CReturn%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D%20%5B%5Cfrac%7B700%7D%7B10%2C000%7D%20%5D100%20%5C%5C%5C%5C%20Return%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D7)
Return on investment (ROI) = 7%
You add the two numbers and divide them by two
Answer:
Mason recieved 15 points for answering the question correctly so that means that he had -15 points before. The points would be at -15 and 0.
<span>6 km × 1 hour/(b-4 km) = 12 km × (1 hour/(b+4 km)
6/(b-4) hours = 12/(b+4) hours
6(b+4) = 12(b-4)
6b + 24 = 12b - 48
72 = 6b
b = 12
The boat's speed in still water is 12 km/hour.</span>