Answer:
The total earned money over the 5 year period=$14,000
Step-by-step explanation:
We are given that
Principle amount, P=$10000
Rate of interest, r=8%
Time, t=5 years
We have to find the total earned money over the 5 year period.
We know that
Simple interest=
Using the formula
S.I=[tex]\frac{10000\times 8\times 5}{100}{/tex]
S.I=$4000
Now,
Amount=P+S.I
Amount=10000+4000
Amount=$14000
Hence, the total earned money over the 5 year period=$14000
Answer:
$1,200 interest.
Step-by-step explanation:
To use the simple interest formula, I = Prt, we substitute in the values for variables that are given, ... Do you know that banks pay you to let them keep your money? ... Find the rate if a principal of $9,000 earned $1,755 interest in 3 years. ... Five years later, she paid him back the $8,000, plus $1,200 interest.
Answer:
c) The given expression represents Addition Property of Equality.
Step-by-step explanation:
Here, the given expression is j = k
Now by ADDITION PROPERTY OF EQUALITY:
The property that states that if you add the same number to both sides of an equation, the sides remain equal.
So, <u> if A = B ⇒ A + </u><u>x </u><u> = B + </u><u>x</u>
<u></u>
Now, here given that j = k
If we add the same number 9 on both the sides, the equation remains undisturbed.
⇒ j + 9 = k + 9
Hence, the above expression represents Addition Property of Equality.
Answer:
2
Step-by-step explanation:
