Answer:
$650
Step-by-step explanation:
Assuming that the car is the only one he sold that week, multiply $26,000 by 0.025 since it is 2.5% earned and you will get the answer $650.
Answer:
Simple interest = $36
Compound interest = $48.96
It's better to invest $600 at 4% compounded monthly for 2 years as it's giving us more profit.
Step-by-step explanation:
Simple interest is calculated on the principal amount of a loan. Compound interest is calculated on the sum of principal amount and accumulated interest of previous periods.
Simple interest =
Compound interest =
Here, P denotes principal amount, R denotes rate of interest, T denotes time.
Given: $600 invested at 3% simple interest for 2 years, $600 invested at 4% compounded monthly for 2 years
To find: Simple interest and compound interest.
Solution:
Take P=600, R=3% and T=2 years
Using the formula of simple interest mentioned above,
Simple interest =
So, interest earned is $36
Take P=600, R=4% and T=2 years
Using the formula of compound interest mentioned above,
Compound interest =
=
=
=
=
So, interest earned is $48.96
It's better to invest $600 at 4% compounded monthly for 2 years as it's giving us more profit.
what what what what what what what what what
The linear equation that is perpendicular to the line x+3y=21 is:
y = 3*x - 6
<h3>How to find the equation of the line?</h3>
A general line in the slope-intercept form is written as:
y = m*x + b
Where m is the slope and b is the y-intercept.
Two linear equations are perpendicular if the product between the two slopes is equal to -1.
Rewriting the given line we can get:
x +3y = 21
3y = 21 - x
y = 21/3 - x/3
y = (-1/3)*x + 21/3
Then the slope is (-1/3), if our line is perpendicular to this one, then:
m*(-1/3) = -1
m = 3
our line is:
y = 3*x + b
To find the value of b, we use the fact that our line passes through (1, - 3)
-3 = 3*1 + b
-3 - 3 = b
-6 = b
The line is y = 3*x - 6
Learn more about linear equations:
brainly.com/question/1884491
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Answer:
139/52 to 1
Step-by-step explanation:
We need the fractionate the number, at the beggining we have 834/312
If we divide both in 2 we got 417/156
if this result we divide in 3 we got 139/52
and this is the answer
in decimal we can say "we used 2,673 cups of milk for each cup of oatmeal