Answer: $1.35
Step-by-step explanation:
1.29 * 5% = 1.29 * 0.05 = 0.0645
0.0645 rounds down to 0.06
1.29 + 0.06 = 1.35
Answer:
8.08
Step-by-step explanation:
Answer:
10 years
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year,
then, solving our equation
t = 100 / ( 500 × 0.02 ) = 10
t = 10 years
The time required to
accumulate simple interest of $ 100.00
from a principal of $ 500.00
at an interest rate of 2% per year
is 10 years.
Answer:
2(5a+6b)
Step-by-step explanation: