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Gre4nikov [31]
3 years ago
12

Investment of 1000 at 16% interest rate for 20 years

Mathematics
1 answer:
andreev551 [17]3 years ago
7 0
This might be wrong but, 320.

I used the formula for simple interest which is I=Prt, thus giving me this:

I = 1000 (.016) (20)

Hope this helps at all!
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How do you solve 15.00 - 6.24​
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8.76

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Simplifying

15.00 + -6.24 = b

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Solving

8.76 = b

Solving for variable 'b'.

Move all terms containing b to the left, all other terms to the right.

Add '-1b' to each side of the equation.

8.76 + -1b = b + -1b

Combine like terms: b + -1b = 0

8.76 + -1b = 0

Add '-8.76' to each side of the equation.

8.76 + -8.76 + -1b = 0 + -8.76

Combine like terms: 8.76 + -8.76 = 0.00

0.00 + -1b = 0 + -8.76

-1b = 0 + -8.76

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Divide each side by '-1'.

b = 8.76

Simplifying

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Answer:

see below

Step-by-step explanation:

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1, H - 2, H - 3, H - 4, H - 5, H

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2.

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