Answer:
208.00015
Step-by-step explanation:
Use a calculator. I'm sorry, there's no other way
Answer:
answer is B 38-18
Step-by-step explanation:
38 + (-18)
38-18
Answer:
D
Step-by-step explanation:
First take 400 and divide it by 2.5 to find the hourly rate. Then divide 600 by the hourly rate (160) to get 3.75 hours. My work is listed below.
Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680
