Hello! The formula for simple interest is prt. That means you multiply the principal (initial amount) by the rate (simple interest percentage), by the amount of time (could be in months or years). So, the loan is $3,750 and the rate is 8.25% for 9 months. 9 months is 3/4 of the year, because there are 12 months in 1 year and 9/12 is 0.75. Let's multiply. 3,750 * 8.25% (0.0825) is 309.375 Now, multiply that number by 0.75 to get 232.03125 or 232.03 when rounded to the nearest hundredth (cent). The amount of simple interest is $232.03.
Answer:
A, C, D
Step-by-step explanation:
Remember: Exponents are simply repeated multiplication.
The exponent determines how many times to multiply the base number by itself.
Option 'A' and 'C' apply.
Option D applies because:
Answer:
Mean: 11.875 or 11.9
Median: 14
Step-by-step explanation:
Mean = all numbers added up and then divided by the amount of numbers
Median = numbers ordered smallest to largest and then he middle number is your median, if there are two middle numbers then add those and divided by 2
