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3 years ago

Principal is 15000 interest rate is 8.75 simple interest is 5425.00 what is the time

Mathematics

1 answer:

stellarik [79]3 years ago

5 0

in simple interest, I=PRT

I=interest

P=principal

R=rate in decimal form

T=time in years usually, but could be months or weeks, dunno

I'm assuming that the 8.75 is 8.75% or 0.0875 in decimal

I=PRT

we know I, P, and R, so solve for T

I=PRT, divide both sides by PR

I/(PR)=T

subsitute

I=5425.00, P=15000, R=0.0875

I/(PR)=5425.00/(15000*0.0857)=4.133333333=T

so the time is 4.13333333 units of time

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Answer:

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Step-by-step explanation:

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Equation of the line: y =mx+ b

$y = \dfrac{-1}{3}x+b\\\\\\Plugin \ x = 12 \ and \ y=3 \ in \ the \ above \ equation\\\\3= \dfrac{-1}{3}*12+b\\\\3= -4+b\\\\3+4 = b\\\\b = 7\\\\\\\y= \dfrac{-1}{3}x+7\\\\$

Multiply the equation by 3

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I hope it helps! Have a great day!

Lilac~

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