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2 years ago

QUESTION 3 Find the interest. Round to the nearest cent. $1850 at 8% for 14 months

Mathematics

1 answer:

Genrish500 [490]2 years ago

3 0

Answer:

$I=\$172.67$

Step-by-step explanation:

we know that

The simple interest formula is equal to

$I=P(rt)$

where

I is the Interest Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=14/12\ years\\ P=\$1,850\\r=0.08$

substitute in the formula above

$I=1,850(0.08(14/12))$

$I=\$172.67$

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3 years ago

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3 years ago

Read 2 more answers

Mrs.Henderson makes punch by mixing 10.9 liters of apple juice,0.6 liters of orange juice,and 8 liters of ginger ale.she pours e

Nimfa-mama [501]

3.25 liters.

<h3>Further explanation</h3>

<u>Given:</u>

Mrs.Henderson makes punch by mixing 10.9 liters of apple juice, 0.6 liters of orange juice, and 8 liters of ginger ale.
She poured equally into 6 bowls.

<u>Question:</u>

How much punch is in each bowl?

Express your answer in liters.

<u>The Process:</u>

The two steps for obtaining the amount of punch in each bowl are as follows:

<u>Step-1: </u>the total amount of punch after mixing is the sum of apple juice, orange juice, and ginger ale in liters.

$\boxed{ \ 10.9 \ liters + 0.6 \ liters + 8 \ liters = 19.5 \ liters \ }$

<u>Step-2: </u>the total amount of punch divided by the number of the bowl is the amount of punch in each bowl.

$\boxed{ \ 19.5 \ liters \div 6 \ bowls = \boxed{ \ 3.25 \ liters/bowl \ } \ }$

Let's also consider the following quick steps.

<u>Quick steps:</u>

$\boxed{ \ \frac{(10.9 + 0.6 + 8) \ liters}{6 \ bowls} = \frac{19.5 \ liters}{6 \ bowls} = \boxed{ \ 3.25 \ liters/bowl \ } \ }$

Therefore, the amount of punch in each bowl is 3.25 liters.

<h3>Learn more</h3>

What is the cost of the toy car? brainly.com/question/5282516
How much netting did Mrs.Nguyen use per goal? brainly.com/question/13174287
What is the amount of apple juice in each container (or bottle)? brainly.com/question/884169

Keywords: Mrs.Henderson, makes punch by mixin, 10.9 liters of apple juice, 0.6 liters of orange juice, 8 liters of ginger ale, 6 bowls, how much punch is in each bowl? express your answer in liters, the amount, sum, divide

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2 years ago

Read 2 more answers

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sergij07 [2.7K]

<span>12*(4x−5)/52=10 if this is the equation
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3 years ago