Answer: $10000
Step-by-step explanation:
From the question,
Principal = $43000
Time = 5 years
Rate = Unknown
Simple Interest = $51,600 - $43000 = $8600
We need to calculate the rate of interest which will be:
Interest = PRT/100
8600 = (43000 × 5 × Rate) / 100
Cross multiply
8600 × 100 = 215000 × Rate
Rate = 860000 / 215000
Rate = 4%
Assuming Justine borrowed $50,000 instead, the yearly Interest will be:
= (50000 × 5 × 4%)
= 50000 × 5 × 0.04
= $10000
I'm pretty sure the above fractions are equivalent because if you reduce 5s/15t then it equals s/3t.
(x-5)^2 . ( x+5)
=( x^2 - 10x + 25) . ( x+ 5)
=x^3 + 5x^2 - 10x^2 -50x + 25x + 125
= x^3 - 5x^2 -25x +125
Answer:
3
Step-by-step explanation:
Answer:
8%
Step-by-step explanation:
Initial attendance = 2000
New attendance record = 1840
Percentage decrease in attendance :
((Initial - new attendance record) / initial attendance) * 100%
((2000 - 1840) / 2000) * 100%
(160 / 2000) * 100%
0.08 * 100%
8%
8% decrease in attendance