Answer:
<em>Correct choice: C. $320</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=P.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Marving is saving money in a savings account with a simple interest rate of r=7.5%=0.075. It's known that after t=12 years, the account had earned $288 interest. Substituting in the formula:
288 = P*0.075*12
Calculating:
288 = 0.9P
Dividing by 0.9:
P = $320
Correct choice: C. $320
Answer:
d = 2.75 or 11/4
Step-by-step explanation:
15 = 5 + 4(2d - 3)
15 = 5 + 8d - 12
15 = 8d - 7
<u>+7 + 7</u>
22 = 8d
22/8 = d
2.75 = d
Check:
15 = 5 + 4(2(2.75) - 3)
There are 3 sides. If you draw out a triangle, each line is a separate side (a line segment connecting 2 vertices, or points). You can also see in the word "triangle" the prefix "tri-", meaning "three". It refers to the shape having 3 angles, but when there are 3 angles there are 3 sides to make it up. This is true for other shapes too - in a square, there are 4 sides connecting 4 points, and between each side is an angle, creating 4 angles.
Answer: $30
Step-by-step explanation:
So if Bob sells his fish at a profit of $1.25 and he has 24 fish to sell then 1.25*24= 30
(I'm assuming what you mean by "how much money he will have" is profit)