Answer:
The exact interest on $5,870 at 12% is $410.9
Step-by-step explanation:
From the information provided we know that
Principal amount: $5,870
Interest rate: 12% -> 0.12
Time: 7 months (From June to December)
When you know the principal amount, the rate, and the time, the amount of interest can be calculated by using the formula:
where P is principal, r is the rate of interest and t is the time in years.
We need to convert the 7 months into 1 year.
Now we can use the above formula
Therefore the exact interest on $5,870 at 12% is $410.9
Answer:
y=-1/2x+2
the y-intercept is at 2 and the slope is -1/2
meaning the y coordinates with move down 1 while the x coordinates will move 2 in a positive (right) direction
Answer:
0.01190476, but since you have to round to the nearest hundredth your answer should be 0.01
Step-by-step explanation:
No, because, using the Pythagorean Theorum:
6^2+8^2=9^2
36+64 IS NOT = TO 81
Answer:
It is B.$159.65
Step-by-step explanation:
I got it the test