<span>length of the side = 1.2 / 4 = 0.3 m
area = 0.3</span>² = 0.09 m²
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
The difference between (5.29 times 10 superscript 11 baseline) minus (3.86 times 10 superscript 11 baseline) is 1. 43 × 10^11
<h3>How to determine the notation</h3>
Given the expression
(5. 29 × 10^11) - (3. 86 × 10 ^11)
First, find the common factor
10^11 ( 5. 29 - 3. 86)
Then substract the values within the bracket
10^11 (1. 43)
Multiply with the factor, we have
⇒1. 43 × 10^11
Thus, the difference between (5.29 times 10 superscript 11 baseline) minus (3.86 times 10 superscript 11 baseline) is 1. 43 × 10^11
Learn more about index notation here:
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