Answer:
Kristi
Step-by-step explanation:
The formula for Simple Interest =
Principal × Rate × Time
For Kristi
Kristi invests $3,000 at a 7.25% annual simple interest rate,
Principal = $3000
Rate = 7.25% = 0.0725
Time = 1
Simple interest = $3000 × 0.0725 × 1
= $217.5
For Kari
Her sister Kari invests $3,200 at a 6.25% annual simple interest rate.
Principal = $3200
Rate = 6.25% = 0.0625
Time = 1
Simple interest = $3200 × 0.0625 × 1
= $200
From the above calculation, we can see that: Kristi will earn the greater amount of interest after one year
Answer:
50
Step-by-step explanation:
Answer:
Hey there! ok , so your equation would be 28 / 3
Step-by-step explanation:
The equation would be 28/3 because there are 28 students in the class and the ratio of boys to girls is 3-9 meaning that it is 1/3, which is the same as dividing by 3, so the equation would be 28/3
Answer:
B
Step-by-step explanation:
7+r=15
-7 -7
r = 8
B.8
Answer: $ 81,000
Step-by-step explanation:
After ACC Spellman Company deposits its $ 100,000 into Itsa Bank, Itsa will have $ 90,000 as maximum allowable amount to loan to company B Bugle since it has to reserve 10% of the $ 100,000 or $ 10,000.
When That There Bank receives the $ 90,000, it can loan out $ 81,000 as a maximum amount and reserve $ 9000 ( 10% of 90,000) .
