Answer:
13/18
Step-by-step explanation:
We need to use the formula for simple interest which is
I= prt
Where I is the amount of money you earned or pay in interest
p is the principal, the amount you deposited or borrowed
r is the interest rate expressed as a decimal
t is time in terms of years
In this problem, I= 1,680
p= 3000
t= 8
'. r is what we are looking for.
Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
Answer:
The 1st and 4th statements are true.
Answer:
each bread roll weighs 3/20 pounds. (you can also write it as 0.15 pounds)
Step-by-step explanation:
"Since the ratio is 5:7 you can think in total there was 12 equal blocks of money invested. 5 of those blocks belonged to Jim and 7 of those blocks belonged to Gail. Since they invested $3,600 and then made $6,450 in total there is $10,050. Divide that total into 12 equal blocks of $837.50 and 5 of those blocks belong to Jim. So he will get $4,187.50"
