Answer:
<em>36000</em>
Step-by-step explanation:
Given the following
Principal = 60,000
Rate = 15%
Time = 4years
Using the simple interest formula
SI = PRT/100
SI = 60000*15*4/100
SI = 600 * 60
SI = 36,000
<em>Hence the interest paid after 4 years is 36000</em>
Answer:
A. y=-5/3x+1
Step-by-step explanation:
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Use the multiplier 1.055
final = original x multiplier^n
where 'n' is the number of years
Sub the values in
final = 700 x 1.055^7
final = 1018.27
Subtract the values:
1018.27 - 700 = 318.27
Thus, he earns more than $275
He earns $43.27 more
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Answer:
3
Step-by-step explanation:
3 under each
