Answer:
You should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
Step-by-step explanation:
Using the formula
where
I = Interest earned
P = The principal (let say in $)
r = The Interest Rate
t = time
Given that
- P = The principal amount needed to invest (let say in $)
Thus,
100 = P × 5% × 1
100 = P × 5/100 × 1
100 × 100 = P × 5
10000 = P × 5
P = 10000/5
= 2000 (let say in $)
Thus, you should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
Answer:
Inverse Function: f^-1(x) = 9/4x + 9
Step-by-step explanation:
To find the inverse function we can interchange the position of the variables x and y, and then solve for y;
y = 4/9x - 4 => x = 4/9y - 4,
x = 4/9y - 4,
4/9y = x + 4,
y = 9/4x + 9/4(4),
y = 9/4x + 9/ f^-1(x) = 9/4x + 9
Answer:
or one seven eighteenths
Step-by-step explanation:
we know that
12 one half times one nine is the same that multiply 12 one half by one nine
so
Convert mixed number to an improper fraction
substitute
Convert to mixed number
therefore
12 one half times one nine is one seven eighteenths