Answer:
<em>Avram will have to pay $7,047 simple interest</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
Answer:
$135
Step-by-step explanation:
Given data
Amount paid for new surfboard= $81
Percentage of the savings paid= 60%
Let the amount of the savings be x
Hence
60% of x= 81
60/100*x= 81
0.6x=81
x= 81/0.6
x=$135
Hence his savings was $135
Answer:I need the answer too if u got it let me know please!
Step-by-step explanation:
Well if it's a whole turkey most likely only one but if each person gets a turkey than 9
Answer:
9:18
Step-by-step explanation:
1:2 means that you have to multiply the first number by 2 to get the second number. Therefore, you have to multiply 9 by 2, which is equal to 18. Therefore, it would be 9:18.
If this has helped please mark as brainliest