Formula For finding Simple interest= Profit x rate x time/ 100
Profit = $2,007 x Rate= 7% x Time = 16 years
2,007 x 7 x 16
__________ = 224,784 ÷100 = 2,247.84
100
Answer :- 2247.84
In here, we could write an equality as x – 12 < 65. In solving inequalities, we follow the same rule as solving algebraic expressions. We will transpose 12 to the other side, giving us x < 65 + 12. Simplifying, we have x < 77. Geraldo must have a bill less than $77 in order for him not to spend more than $65.
The answer is C. This would make the total cost 90 dollars without paying for a membership card or shipping.
First, we need to solve for the common ratio from the data given by using the equation.
a(n) = a(1) r^(n-1)
15 = -3 r^(2-1)
-5 = r
r = -5
Then, we can find the sum by the expression:
S(n) = a(1) ( 1 - r^n) / 1-r
S(8) = -3 (1 + 5^8) / 1+5
S(8) = -195313