Principal amount of money deposited by Mat in the bank = $2000
Rate of simple interest given by the bank = 10%
Number of years for which the money is kept in the bank = 5 years
As no money was withdrawn from the account, so
Amount after 5 years = Principal [1 + (Rate * Time)]
= 2000 [ 1 + (10/100) * 5]
= 2000 [ 1 + (1/2)]
= 2000 * (3/2)
= 1000 * 3
= 3000 dollars
So the amount of money made by Mat after 5 years will be $3000.00
the answer is 6.9.
When you divide a negative by a negative it is a positive
Yes, Vicki's statement is true.
The fruit tart was split into 6 pieces and to find what 1/3 of 6 is, you'd have to divide 6/3 which equals 2. So, 1/3 of 6 is 2 and each girl took home 2 pieces (1/3) of the tart home