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.
<h3>
Answer:</h3>
<h3>
Step-by-step explanation:</h3>
We can let the variables A and B stand for the length in inches of fish A and fish B, respectively.
If we assume each person bought fish having a total length of 1 inch per gallon of aquarium, then we can write equations ...
... 3A +2B = 33 . . . . . total length of Marta's fish
... 3A +4B = 45 . . . . . total length of Hank's fish
Subtracting the first equation from the second, we get ...
... 2B = 12
... B = 6 . . . . . divide by 2
Using this value in the first equation, we have ...
... 3A + 2·6 = 33
... 3A = 21 . . . . . . . . subtract 12
... A = 7 . . . . . . . . . . divide by 3
Fish A is 7 inches long; fish B is 6 inches long.
Of each ones place.... Or ... The sum of each number? Just trying to help.....
The sales tax would be $12.42
Step-by-step explanation:
the process is shown in the picture.
