$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)
r = 6.5% = 6.5/100 = 0.065
We'll use the decimal form of the interest rate as it is most common for financial math problems.
P = 20,000 is the amount deposited
t = 1 year is the amount of time
We will plug those values into the formula
i = P*r*t
to get the following:
i = P*r*t
i = 20000*0.065*1
i = 1300
So Mark earns $1,300 in simple interest each year.
Answer:
11
Step-by-step explanation:
i dont really know but i think it is 11 because its all two numbers distance
Answer: 1/7
Step-by-step explanation:
solve for y
Answer: 49 pie
Step-by-step explanation:
<h3>7²</h3>
Answer:
Step-by-step explanation:
convert mixed fractions to improper fractions
rule=a b/c=(ac+b)/c
(1 1/3)/(1 3/4)
(4/3)/(7/4)
rule for dividing fractions=(a/b)/(c/d)=(a/b)(d/c)
(4/3)(4/7) then you can multiply the numerators and denominators
16/21
