Sam Sounds received a $290 discount loan to purchase a stereo. The loan was offered at 16% for 90 days. Find the interest in dol
2 answers:
In order to solve this task you have to use a the interest formula.
So, the formula is I = Adt.
Keep in mind the value P = $290 which is the Amount of the loan,
d is the discount rate = 16% = 0.16
t is period of time= 90days - simplify 90/365. So the period is 18/73.
<span>Then calculate principle amount of money using this : (1 + rt).
Solution: </span>
Proceed = Amount - Interest:
The answer is $278.56
So, the formula is I = Adt.
Keep in mind the value P = $290 which is the Amount of the loan,
d is the discount rate = 16% = 0.16
t is period of time= 90days - simplify 90/365. So the period is 18/73.
<span>Then calculate principle amount of money using this : (1 + rt).
Solution: </span>
Proceed = Amount - Interest:
The answer is $278.56
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Answer:
After how many years is the fish population 100?
x=3.97 years
Step-by-step explanation:
The fish population increases by a factor of 1.5 each year. We have the equation that represents this situation
Where x represents the number of years elapsed f(x) represents the amount of fish.
Given this situation, the following question could be posed
After how many years is the fish population 100?
So we do and solve for the variable x
Observe the solution in the attached graph
