Answer:
<em>Lisa borrowed $8,500</em>
Step-by-step explanation:
<u>Simple Interest
</u>
Occurs when the interest is calculated on the original principal of a loan only.
Unlike compound interest where the interest earned in the compounding periods is added to the old principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=Prt
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Lisa took out a loan for t=5 months and was charged simple interest at an annual rate of r=4.8% = 0.048. She paid interest for I=$170.
We need to convert the time to years (there are 12 months per year):
t = 5 /12 years.
The formula must be solved for P:
Substituting:
Lisa borrowed $8,500
Act like it's a whole circle and find the perimeter, then divide by 2.
P = 2 * pi * r
P = 2 * 3.14 * 9
P = 56.52
Now divide by 2:
P = 28.26
Pablo spends 15 hours on writing tasks
answer: twice as much=2 times this number
then twice as much= 7.5 times 2
7.5 times 2= 15hrs
Answer:
7x2=
14+5=
x a
Step-by-step explanation:
You usually don't write the answer after the equal symbol. You could, or can, write the answer after the equal symbol to make it into a 2 step equation.
7x2= 14
14+5= x a