What is the scientific notation of 0.00277?

Mathematics

2 answers:

Whitepunk [10]3 years ago

8 0

2.77....................

inessss [21]3 years ago

4 0

2.77 ...............................

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In which type of economy does the government control all of the factors of production? A. mixed B. market C. command D. traditio

melomori [17]

Answer:

In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Lisa took out a loan for 5 months and was charged simple interest at an annual rate of 4.8%.

denis-greek [22]

Answer:

Lisa borrowed $8,500

Step-by-step explanation:

Simple Interest

Occurs when the interest is calculated on the original principal of a loan only.

Unlike compound interest where the interest earned in the compounding periods is added to the old principal, simple interest only considers the principal to calculate the interest.

The interest earned is calculated as follows:

I=Prt

Where:

I = Interest

P = initial principal balance

r = interest rate

t = time

Lisa took out a loan for t=5 months and was charged simple interest at an annual rate of r=4.8% = 0.048. She paid interest for I=$170.

We need to convert the time to years (there are 12 months per year):

t = 5 /12 years.

The formula must be solved for P:

$\displaystyle P=\frac{I}{rt}$