To make the perfect shoe shade of green paint, Tyler mixes 14 ounces of yellow paint with 10 ounces of blue paint. How many ounc
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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
To solve the problem we should know about Expressions.
<h3>What is an Expression?</h3>In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.
The value of x in the inequality should be ≥8.
Given to us
- (0.5x - 0.75) ≥ 3.25
Hence, the value of x in the inequality should be ≥8.
Learn more about Inequality: