The sum of 1/6, 2/3, and 1/4 is
2 answers:
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Answer:
4 years and 2 months
Step-by-step explanation:
<u>Simple interest formula</u>
A = P(1 + rt)
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- t = time (in years)
Given:
- A = $500 × 2 = $1,000
- P = $500
- r = 24% = 0.24
Substitute the given values into the formula and solve for t:
Therefore, it takes 4 years and 2 months for the initial investment of $500 to double at a simple interested rate of 24%.
Answer:
The mid point of ST is (1,5) and ST = 10 units
Step-by-step explanation:
It is given that,
S(-3,2) and T(5,8). We need to find the coordinates of the midpoint of ST and also ST.
Let (x,y) be the mid point of ST. Using mid-point formula we get :
We have, x₁ = -3, x₂ = 5, y₁ = 2 and y₂ = 8
So,
(1,5) is the midpoint of ST.
Using distance formula to find ST as follows :
Hence, the mid point of ST is (1,5) and ST = 10 units.