Answer:
Interest Manny earns after 2 years is $52
Step-by-step explanation:
Amount deposited = $650
Simple annual interest rate = 4%
To find: Interest after 2 years
We know that the formula to calculate the interest amount is
Simple interest (S.I.) =
where,
P is the initial amount deposited
r is the rate of simple interest in percentage
t is the time in years for which interest is to be calculated
Substituting the known values in the formula, we get
S.I =
= 52
Hence the interest Manny earns after 2 years is $52
Answer:
Step-by-step explanation:
JUST HERE FOR THE POINTS
20 - 13.76 = 6.24
The change after spending $13.76 would be $6.24.
<h2>
Greetings</h2>
Answer:
Yes, they are.
Step-by-step explanation:
<h3>1st rate)</h3>
Lets simplify both rates to the rate typer per minute.
(m is minutes)
3m = 96
Divide both sides by 3:
m = 32
So the rate is 32 words per minute.
<h3>2nd rate</h3>
5m = 160
Divide both sides by 5:
m = 32
<h3>So because the rates per minute are the same, they are equivalent.</h3>
<h2>Hope this helps!</h2>