Answer:
Interest= $ 18.73
Step-by-step explanation:
Given : $600 at 9.5% for 120 days
To find : Find the interest due
Solution :
Simple interest formula 
Principle(P)=$600 , rate(r)=9.5%=0.095 , time (t)= 120 days
In years, 1 year = 365 days
1 day =
year
120 days =
year
Put values in the formula


Therefore, Interest= $ 18.73
Answer:
200
Step-by-step explanation:
2p=p(1+0.065/12)^12t
2=(1+0.065/12)^12t
Solve for t
T= [log(2)/ log(1+0.065/12)] /12
T= 10.7 years or if you want to round it would be 11
Answer: 10.7 years or 11 years
Answer: You can use the compound interest formula: A=P(1+interest)^n
A=the new capital
P=the capital invested
n= the #of monthly
Hope this helps (:
Number of people wearing red pants
= 200/100 x 15
= 30
Those who wear both red shirts and red pants is 30.
Therefore the percentage is
= 30/500 x 100%
= 6%