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:
70,000.
Step-by-step explanation:
7000 is (1/10) of 70,000 - as 7000*10=70,000.
Hope is help ba bye!
- miah
500=350(1+0.04/12)^12x
Solve for x
500/350=(1+0.04/12)^12x
X=(Log(500/350)/log(1+0.04/12))/12
X=9 months
<span>The answers for the given inequalities shown in the figures above are the following:
1. x+2y is bigger than or equal to 6 corresponds to the first graph.
2. x-2y>4 corresponds to the third graph.
3. y>3+(1/2)x corresponds to the second graph
4. 4y+2x is smaller than or equal to 16 corresponds to the fourth graph</span>
Answer:
30 % off
Step-by-step explanation:
12 dollars off of 40
40 (x) = 12
x = 12/40 = .3 or 30 %