Ryan is training for a bicycle race.

1 answer:

3 0

B. 6 While Ryan is training for 44 1/2 miles. He needs to find the common denominator of 4/5 and 1/3 = 12/15+ 5/15 =17/15 or 1 and 2/15 x 89/2 which equals 89/15 =5.9 So the estimate of the closest distance is 6.

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John borrowed $ from bank for 3 years at a rate of 10%

garik1379 [7]

<h3>Given:</h3>

P= $12500
R= 10%
T= 3 years

P= Principal amount
R= Rate of interest
T= Time period

The simple interest
The total amount paid

<h3>Solution:</h3>

$\large\boxed{Formula: I= \frac{PRT}{100}}$

First, we'll have to multiply, principal amount (12500), rate (10) and time period (3).

$12500×10×3$

$=375000$

Now, we'll have to divide the amount (375000) by 100.

$\frac{375000}{100}$

I=$3750

Now, we can find the total amount paid.

$\large\boxed{A=SI+P}$

Let's substitute according to the formula.

$A=3750+12500$

A=$16250

Therefore, simple interest is $3750 and $16250 was paid in total.

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