All categories

4 years ago

Simple interest I in dollars is calculated using the formula I=prt. Here, p represents the principle, or amount, in dollars that

is invested or borrowed; r represents the annual interest rate, expressed as a percent; and t represents time, in years. Find the value of the remaining variable in the simple interest formula. (Hint: Write percent as decimals.)
p=$300, r=8%, t=6 years

I = ?

Mathematics

1 answer:

MatroZZZ [7]4 years ago

6 0

$\bf ~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$300\\ r=rate\to 8\%\to \frac{8}{100}\dotfill &0.08\\ t=years\dotfill &6 \end{cases} \\\\\\ I=(300)(0.08)(6)\implies I=144$

You might be interested in

The perimeter of a triangle is 50 mm. The lengths of 2 of the sides are 13.5 mm and 14.5 mm. Find the missing length.

Naddik [55]

The missing side length should be 22. Add 13.5 to 14.5 and you should get 28. Subtract 28 from the total perimeter (50) to get 22.

5 0

3 years ago

The value of a car depreciates by 35% each year

asambeis [7]

Answer:

£8400

Step-by-step explanation:

5 0

3 years ago

Of the smoothies sold yesterday at Marlins smoothie shop, 5/6 were banana and another 1/12 were strawberry . What fraction of th

professor190 [17]

Answer:

The fraction of smoothies sold were either banana or strawberry is $\frac{11}{12}.$

Step-by-step explanation:

Given:

Of the smoothies sold yesterday at Marlins smoothie shop, 5/6 were banana and another 1/12 were strawberry.

Now, to find the fraction of the smoothies sold were either banana or strawberry.

Fraction of smoothie were of banana = $\frac{5}{6} .$

Fraction of smoothie were of strawberry = $\frac{1}{12} .$

Now, to get the fraction smoothies sold were either banana or strawberry by adding both the fractions of banana and strawberry:

$\frac{5}{6} +\frac{1}{12} \\\\=\frac{10+1}{12} \\\\=\frac{11}{12}$

Therefore, the fraction of smoothies sold were either banana or strawberry is $\frac{11}{12}.$

7 0

3 years ago

F(x) = -3x^2 + 6x. Find f(2).

inysia [295]

Answer:

f(2) = 0

Step-by-step explanation:

Evaluate the function at x = 2.

f(x) = -3x^2 + 6x

f(2) = -3(2^2) + 6 * 2

f(2) = -3(4) + 12

f(2) = 0

3 0

3 years ago

Last semester, Zachary earned an average score of 80 points on math tests. So far this semester, his average score is 15% lower.

Ostrovityanka [42]

Look here no one help if people do too much time waste till help received just use app names guthmath helps with math and use this code P9EJ5H to get answere because believe me u will wait alot the app is free

4 0

3 years ago

Read 2 more answers