Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
Answer
25mm of rain fell each second
Step-by-step explanation:
we know that 500 mm fell in 20 minutes
so, we have to divide 500 by 20 giving us the amount of rain that fell each minute:
500/20 = 25
therefore, 25mm of rain fell each minute
hope this helped:)
Step-by-step explanation:
A number,c times two equal forty.
Answer:
24y^3-6y^2-30
Step-by-step explanation:
6y(-5-y+4y^2)
-30y-6y^2+24y^3
Put in the correct order
24y^3-6y^2-30
