Answer:
85 in intreset and 935 totoal
Step-by-step explanation:
Answer:
A = $935.00
I = A - P = $85.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 850(1 + (0.05 × 2)) = 935
A = $935.00
The total amount accrued, principal plus interest, from simple interest on a principal of $850.00 at a rate of 5% per year for 2 years is $935.00.
Answer:
Solving with an equality is just simply the same as solving any algebra equations. If you were given a fraction, then just multiply both sides.
Example:
4 + 
> 14
Subtract 4 on both sides:
4 - 4 + > 14 - 4
> 10
Now <em>multiply both sides by 2</em>:
× 2 > 10 × 2
x > 20
Answer: no the two blended interest rates are the same
Step-by-step explanation:
Answer:
Step-by-step explanation:
Factor 
out of 
Answer:
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Step-by-step explanation:
