Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
Answer: Stephanie read more than 7 books because 8 points for 9 books each is equal to 72 points, which is the total amount of books she read.
Step-by-step explanation:
72 ÷ 8 × 9
x = 9
Hope this helped! :D
Answer:
D.
Step-by-step explanation:
329/8=41.125 you divide by 8 because its equivalent to 8 smaller units.
Then: 41.125 x 724=approx. 30,000
Answer:
Step-by-step explanation:
Answer:
h<14
Step-by-step explanation:
2h+8>3h-6
2h-3h+8>-6
-h+8>-6
-h>-6-8
-h>-14
h<14
