Answer: $10000
Step-by-step explanation:
From the question,
Principal = $43000
Time = 5 years
Rate = Unknown
Simple Interest = $51,600 - $43000 = $8600
We need to calculate the rate of interest which will be:
Interest = PRT/100
8600 = (43000 × 5 × Rate) / 100
Cross multiply
8600 × 100 = 215000 × Rate
Rate = 860000 / 215000
Rate = 4%
Assuming Justine borrowed $50,000 instead, the yearly Interest will be:
= (50000 × 5 × 4%)
= 50000 × 5 × 0.04
= $10000
<em>Look</em><em> </em><em>at</em><em> </em><em>the</em><em> </em><em>attached</em><em> </em><em>picture</em><em> </em><em>⤴</em>
<em>Hope</em><em> </em><em>it</em><em> </em><em>will</em><em> </em><em>help</em><em> </em><em>u</em><em>.</em><em>.</em><em>.</em>
In this problem, you are simply going to input 14 for x in your equation.
y = 3x + 1
y = 3(14) + 1
y = 42+1
y = 43
This means, when x=14, y=43
Hope this helps!
Hi. Okay, #16 says write a decimal between 0.5 and 0.75. Then write it as a fraction in simplest form and as a percent.
write a decimal = I will pick 0.15 - now we need to write it as a fraction since the 5 is in the hundredths place our fractions would be:
15/100 = 3/20 (simplest form)
Now to change .15 to a percent we simply move the decimal two places to the right and add a % sign so. 15 = 15%
Question 17
How would you write 43 3/4% as a decimal
For this one, it is a lot easier than you think. The answer is 43.75. Let me tell you how...
To change 3/4 to a decimal, you are merely dividing the 4 into 3.00, hence the .75 and then just bring the 43 over. With problem like this that end in 1/4, 1/2, 3/4 just think of 4 quarters---1 quarter =.24, 2 quarters = .50, 3 quarters =.75
Question 16 answer is: .15, 15/100=3/20 and 15%
Question 17 answer is: 43.75
I hope this helps. If you have any questions, please don't hesitate to ask.
Take care,
Diana
