Answer:
A = $1,545.00
(I = A - P = $45.00)
Equation:
A = P(1 + rt)
Explanation:
First, converting R percent to r a decimal
r = R/100 = 4%/100 = 0.04 per year.
Putting time into years for simplicity,
9 months / 12 months/year = 0.75 years.
Solving our equation:
A = 1500(1 + (0.04 × 0.75)) = 1545
A = $1,545.00
The total amount accrued, principal plus interest, from simple interest on a principal of $1,500.00 at a rate of 4% per year for 0.75 years (9 months) is $1,545.00.
Answer:
$1000
Step-by-step explanation:
We can form an equation for Clayton's account: C = 500 + 10x
We can form an equation for Clayton's account: J = 400 +12x
(where x is the number of days)
When the two accounts will contain the same amount, it means: C = J
<=> 500 + 10x = 400 +12x
<=> x =50
After 50 days, there accounts will be balance. Then, we substitue x into any of the 2 equation to find out the amount: 500 + 10(50) = $1000
Answer:
2 × 3 × 7
Step-by-step explanation:
Answer: 3 Sets of the 4 post cards and 3 of the single post cart sets.
Step-by-step explanation:
You buy 3 of the 4 post card set becuase that is the most you can get of those to get under 15 post cards.
You would now have 12 postcards now you have to buy 3 of the single set to get to 15 cards
