Answer:
Step-by-step explanation:
We would apply the simple interest formula which is expressed as
I = PRT/100
Where
P = principal or amount borrowed
T = time in years
R = interest rate on amount borrowed.
I = interest paid.
From the given information,
Principal = $3000
T = 3 months = 3/12 = 0.25 years
R = 6 1/2 % = 6.5%
Therefore,
a) the amount that the woman pay for the use of the money is I
I = (3000 × 6.5 × 0.25)/100 = 48.75
b) The amount she repaid to the bank on the due date of the note would be
Principal + interest
= 3000 + 48.75 = $3048.75
Answer:
273.75 days
Step-by-step explanation:
No it does not stay the same
Original ratio is 6:5 which means it will only stay the same if the amount of movies to band is taken at multiples of this ratio. per sample if 24 movies are sold then
24/6=4 so you will have to multiply or sell 5*4=20 of the band ones to be able to keep same ratio.
