Answer: Yes the business made a profit for the month. They made $90,000 net profit. They made a profit of $90,000 after all the taxes were deducted.
Step-by-step explanation: 200 times $1000 = $200,000. $200,000 - $50,000 = $150,000. $150,000 - $40,000 = $110,000. $110,000 - $20,000 = $90,000
Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
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Answer:
7b-12
Step-by-step explanation:
12b-5b-7-5
7b-12
