The time it will take before your investment is worth $6000 = 7 years
<h3>Calculation of simple interest </h3>
The amount of money invested per month = $150
Therefore the amount principally invested yearly;
= 12 × 150 = $1,800
Simple interest = $6000
Rate = 4%
Time = ?
Using the formula for Simple interest (SI)= P×T×R/100
Make T the subject of formula,
T = SI × 100/P×R
T = $6000×100/1800×4
T = 600000/7200
T= 83 months/ 12 = 7 years
Learn more about simple interest here:
brainly.com/question/20690803
#SPJ1
Answer:
2 additional premium channels
Step-by-step explanation:
Using the given function, we substitute c(x) = 114 and solve for x:
114 =90 + 12x
Subtract 90 from both sides:
24=12x
Divide both sides by 12:
2=x
So you have ordered 2 additional premium channels.
It has two more equal sides
