The anwser to your question is d
Answer:
Me
Step-by-step explanation:
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:
All you do is just multiply them.
Step-by-step explanation:
5a^2 b^4(3ab^3)^2=
45(a^(4))(b^(10))
Answer:
Step-by-step explanation:
Let Carlo's age = x
Equation: 6*x = 108
6x = 108
Solution:
6x = 108
x = 108/6
x = 18
Carlo's age = 18 years