Answer:
I = Prt
Substitute the given information. Remember to write the percent in decimal form. I = (500)(0.06)(3)
Simplify. I = 90
Check your answer. Is $90 a reasonable interest earned on $500 in 3 years? In 3 years the money earned 18%. If we rounded to 20%, the interest would have been 500(0.20) or $100. Yes, $90 is reasonable.
The simple interest is $90.
Step-by-step explanation:
Hope this <u><em>Helped!</em></u> :D
Answer:
25%
Step-by-step explanation:
Answer: I think it's 0.4
Step-by-step explanation:
Adding all the numbers together (0.2; 0.4; 0.4; 0.6) gives you 1.6 which, when divided by the amount of numbers, gives you 0.4. If that isn't the kind of mean you're referring to. It'd still be 0.4 because it is the value in the middle of all given numbers.
