5% = 0.05
50 x 0.05 = $2.50
Total tax will be $2.50
Total amount he will pay = 50 + 2.50 = $52.50
4 = y - 4
You need to add 4 on each side and you will get 8 which means that y is equal to 8.
4 = y - 4
+4 +4
8=y
Answer:
a. $270
b. $3,278.18
Step-by-step explanation:
Given that
The principal amount is $3,000
Annual rate of interest is 3%
And, the time period is 3 years
We need to find out the simple interest & compound interest
The following formulas should be used
a. For simple interest
= Principal × rate of interest × time period
= $3,000 × 3% × 3 years
= $270
b. For compound interest
= Principal × (1 + rate of interest)^time period
= $3,000 × (1 + 0.03)3
= $3,000 × 1.03^3
= $3,278.18
Answer:
Step-by-step explanation:
-10.6*0.5=m+11.7
-5.3=m+11.7
-5.3-11.7=m
-17=m
14.2=2(-5.8+t)
14.2=-11.6+2t
14.2+11.6=2t
25.8=2t
25.8/2=t
12.9=t