In 6 months, Simple interest of $6 will be earned for investing $100.
<u>Step-by-step explanation:</u>
Step 1:
Given details are Principal (P) = $100, SI rate (R) = 12%, Time (T) = 6 months = 0.5 years
Step 2:
Calculate Simple Interest by the formula SI = PRT/100
⇒ SI = 100 × 12 × 0.5/100
⇒ SI = $6
There would be 20 oranges in each box
Answer:
Step-by-step explanation:
you need to mutpliy all or your numders 17 x 4 x 8 x 9 = 4896m
0.0392 or 3.92%
The exponential growth formula can find the interest rate.
y - tolat value (P +I) (216)
a - principal (200)
r- rate (unkown)
x - time in years (2 yrs)
Substitute known values
divide both sides by 200
take the square root of both sides
subtract 1 on both sides
r = 0.0392 or 3.92%
-2 - 3 = -5
The answer is negative 5.
