The amount of interest he would earn in one (1) year is equal to $80.
<u>Given the following data:</u>
- Interest rate = 10% = 0.1
To determine how much interest he would earn in one (1) year:
<h3>How to calculate
simple interest</h3>
Mathematically, simple interest is given by this formula:
<u>Where:</u>
- S.I is the simple interest.
- P is the principal or starting amount.
- T is the time measured in years.
Substituting the given parameters into the formula, we have;
Simple interest = $80
Read more on simple interest here: brainly.com/question/24341207
Answer:
66
Step-by-step explanation:
It's given that
Tn = 5n + 16
The 10th term is
T10 = 5(10) + 16
= 66
Answer:
24.75
Step-by-step explanation:
divide 33.00 by 4 and multiply the sum by 3
Answer:
about 201 ft of fencing
Step-by-step explanation:
Including the path the radius would be 32 ft. and the diameter is 64 ft.
C = πd where C is the circumference and d is the diameter.
So, C ≅ 3.14(64) ≅ 201 ft.
Answer:
14400 $. do u need an explanation:
so if 6000 is 100 percent
then ??? is 2 percent
to find out that you need to 6000×2 and divide by 2=120$
so you get this monthly.
in ten years you will have 14400 because
10 year=120 month
120month×120$=14400.
btw I cant speak English well. I hope it will help
