In 6 months, Simple interest of $6 will be earned for investing $100.
<u>Step-by-step explanation:</u>
Step 1:
Given details are Principal (P) = $100, SI rate (R) = 12%, Time (T) = 6 months = 0.5 years
Step 2:
Calculate Simple Interest by the formula SI = PRT/100
⇒ SI = 100 × 12 × 0.5/100
⇒ SI = $6
Answer:
based on the equation he would make $2.5 in the first month but realistically he would earn around $30 in the first month
Step-by-step explanation:
2000+2000(.015)(1/12)=2002.5
2002.5-2000=2.5
Well I wanna do you want us to pick you guys up tomorrow at night to
Answer:
h ≤ 8
Step-by-step explanation:
Hans charges $7 per hour and pays $5 in equipment fees.
$5 is fixed in this case. Let the possible number of hours be h.
According to question,
Atleast means less than equal to. So,
7h-5≤51
Add 5 to both sides.
7h+5-5 ≤ 51+5
7h ≤ 56
h ≤ 8
So, the number of hours be less than equal to 8.
