Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
then, solving our equation
I = 20 × 0.05 × 2 = 2
I = $ 2.00
The simple interest accumulated
on a principal of $ 20.00
at a rate of 5% per year
for 2 years is $ 2.00.
Answer:
Salesman is not correct
Step-by-step explanation:
First we calculate the share of salesman when 60 percent of bonus is shared among 7 salesmen:
Bonus Share For 7 Salesmen = (0.6)(£ 2100)
Bonus Share For 7 Salesmen = £ 1260
Now, this is equally divided among 7 salesmen:
Bonus Share of 1 Salesmen (when 60% is shared) = S₁ = £ 1260/7
S₁ = £ 180
Now, we calculate the share each salesmen get if bonus is equally divided among 10 people:
Bonus Share of 1 Salesmen (when equally shared) = S₂ = £ 2100/10
S₂ = £ 210
S₂/S₁ = £ 210/£ 180
S₂/S₁ = 1.16
S₂ = 1.16S₁
S₂ = 116% of S₁
This means that if bonus is equally divided between all 10 people then the salesman will get 16 percent more money.
<u>Therefore, salesman is not correct</u>
Answer:
C
Step-by-step explanation:
Answer:
-13, 0.4,7 its the 4th one
Step-by-step explanation:
Answer:
Step-by-step explanation:
Thanks for the points
