Answer:
His money earned $36 after 3 months
Step-by-step explanation:
* Lets revise the rules of simple interest
- Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
- Where:
• A = Total amount (principal + interest) future amount
• P = Principal Amount
• I = Interest Amount
• r = Rate of Interest per year in decimal; r = R/100
• t = Time Period involved
* To calculate the interest I use the formula
I = P × r × t
* Lets solve the problem
- The rate is annual
- The interest calculated after 3 months
∴ I = P × R/100 × t/12
∵ P = $3600.00
∵ R = 4%
∵ t = 3 month
∴ I = 3600.00 × 4/100 × 3/12 = $36
* His money earned $36 after 3 months
Answer:
1/7
Step-by-step explanation:
- I can't really tell what the fraction you have is, I am assuming it is 2/14. If that is correct, simplify by finding a common number.
- Ask yourself, what can both be divided by? (Answer is 2)
- Knowing both simplify by 2, divide the numerator (top) and denominator (bottom) by 2.
- You should get 1/7 (2/2 = 1 and 14/2 = 7)
- If you have any further questions on this topic please let me know. I would be glad to help anytime!
Answer:
0.53%
Step-by-step explanation:
hope it is well understood
You set (x+15) equal to 40 and solve for x.
x+15=40
-15 -15
x=25
Hope this helps!
50% chance
Explanation
It’s possible... might might not happen
