Answer:
$600 interest will be paid in the first 5 years
Step-by-step explanation:
Simple interest is calculated only on the principal or initial amount deposited. Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. The formula for simple interest is expressed as
I = PRT/100
Where
I represents interest after the given time.
R represents the interest loan on the principal.
T represent number of time in years.
P represents principal or initial amount deposited.
From the information given,
R = 2
P = 6000
T = 5
I = (6000 × 2 × 5)/100 = $600
It’s 1,195,742,250,000,000/5,832
This is an incorrect question, the correct question is given below.
Martin is building a model. He cuts two pieces of wood that are each
inches long from a board with a total length of 18 inches. What is the length, in inches, of the remaining part of the board?
Answer : The length of the remaining part of the board is
inches.
Step-by-step explanation :
As we are given that:
Total length of the board = 18 inches
Length of each piece of wood cut from the board =
inches =
inches
Length of 2 pieces of wood cut from the board =
inches
=
inches
Length of the remaining part of the board = Total length of the board - Length of 2 pieces of wood cut from the board
Length of the remaining part of the board =
inches
=
inches
=
inches
=
inches
Therefore, the length of the remaining part of the board is
inches.