Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
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420.00 that's how much he would have saved in a year
Given:
One lap around a parking lot = 3/10 mile
3/10 mile is 15% of the total distance Gregory ran.
To determine the total distance (in mile) that Gregory ran, we refer to the given percentage:
3/10 mile / 0.15 = 2 miles
The total distance that Gregory ran is 2 miles. <span />
The minimum point on the graph of the equation y=f(x-5) is (-6, -3)
<h3>How to determine the minimum?</h3>
The initial minimum is given as:
(-1, -3)
The transformation y = f(x - 5) means that:
(x, y) = (x - 5, y)
So, we have:
(x, y) = (-1 - 5, -3)
Evaluate
(x, y) = (-6, -3)
Hence, the minimum point on the graph of the equation y=f(x-5) is (-6, -3)
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