Hello! For these kinds of problems, the formula for finding the principal is I / rt. That means, divide the simple interest by the rate and time (rate should be in decimal form). In order to find simple interest, just do prt, which means multiply the principal (initial amount) by the rate (simple interest rate, in decimal form) by the amount of time (could be in months or years). With that being said, if you solve it correctly, here are your answers:
Principal: $14,181
Interest rate: 10%
Time: 4 years
Simple Interest: $5,672.40
Principal: $83,079
Interest rate: 9%
Time: 2 years
Simple Interest: $14,954.22
Principal: $659,379.96
Interest rate: 11.7%
Time: 28 months
Simple Interest: $179,753.57
Principal: $18,936
Interest Rate: 2.41%
Time: 3 Months
Simple Interest: $114.09
Note: If the time is in months, be sure to convert it into a decimal and multiply. If a decimal repeats, just convert it to the nearest hundredth.
Answer:
(4/7)÷ (3/-8). Division of fractions is the same as multiplying their reciprocals. So (4/7) x (-8/3). Now multiply the numerators together and denominators together (make sure you only use the negative sign once). (4 x -8) / (7 x 3) = -32/21
Therefore, the best and most correct answer among the choices provided by the question is the fourth choice "15 - 2x ≥ 4y". I hope my answer has come to your help.
Answer:
it's 4
Step-by-step explanation:
take the given point and evaluate the x value in for x, and the y value for y, and simplify. If the equation is true, the point is a solution. if not, then it is not a solution.
Answer:
$13,200
Step-by-step explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
Depreciation
= ($212,000 - $14,000)/15
= $198,000/15
= $13,200
