Answer: Choice B) 3 years
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Explanation:
The simple interest formula is
i = P*r*t
where,
i = interest
P = principal
r = interest rate in decimal form
t = time in years
In this case,
i = 840
P = 7000
r = 0.04 (move the decimal point 2 spots to the left go to from 4% to 0.04)
t = unknown; we'll leave it as t
Plug the given values above and solve for, or isolate, t
i = P*r*t
840 = 7000*0.04*t
840 = 280*t
840/280 = 280*t/280
3 = t
t = 3
It will take 3 years
Answer:
30 bikes
Step-by-step explanation:
the profit from each bike is 50 so then you divide 1500 by 50 and you get 30
Answer:
4 1/6
Step-by-step explanation:
5 5/4 divided by 1 1/2 = 4 1/6
Answer:
y=2x+3
Step-by-step explanation:
we know the slope is 2
now we are going to find b
-1=2(-2)+b
-1=-4+b
-1+4=3
3=b
