$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)
r = 6.5% = 6.5/100 = 0.065
We'll use the decimal form of the interest rate as it is most common for financial math problems.
P = 20,000 is the amount deposited
t = 1 year is the amount of time
We will plug those values into the formula
i = P*r*t
to get the following:
i = P*r*t
i = 20000*0.065*1
i = 1300
So Mark earns $1,300 in simple interest each year.
They will not ever have the same amount because Adele is most likely $50 ahead of Kent each time.
55. If it says 12 more, you add 12 to 43 to get 55.
Ummm I need more infooooo...
Answer: Ordinal measurement scale
Step-by-step explanation:
In ordinal measurement scale the order of values or variables are very important. Just as in the case above, the rating from 1-3 is according to the order of it's importance.
Thanks
