Answer:
The principal investment required to get a total amount, principal plus interest, of $400.00 from simple interest at a rate of 8% per year for 9 years is $232.56.
Step-by-step explanation:
Given
- Total accrued Amount A = 400.00 (Let say $)
- Interest rate r = 8% = 0.08
To determine
Principle P = ?
Using the formula
P = A / (1 + rt)
substituting A = 400.00, t = 9 and r = 0.08 in the formula
P = 400 / ( 1 + (0.08 × 9))
P = $232.56
Therefore, the principal investment required to get a total amount, principal plus interest, of $400.00 from simple interest at a rate of 8% per year for 9 years is $232.56.
Multiply the denominators together and the numerators together and you have your answer
Answer:
C. plane HJG
Step-by-step explanation:
hope this helped :-)
Hopes this helps:
Answer: x = -10/7
1. Simplify 2 • 2 to 4
4 + 7x + 6 = 0
2. Simplify 4 + 7x + 6 to 7x + 10.
7x + 10 = 0
3. Subtract 10 from both sides.
7x = -10
4. Divide both sides by 7.
X = -10/7
Answer: -7
Step-by-step explanation:
