Is the equation written correctly?
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
Answer:
4x
Step-by-step explanation:
4x mean 4 times x and if x is the number than its 4x.
hope it helps :)
Answer:
slope is 2/3
Step-by-step explanation:
To solve for slope: y2-y1 / x2- x1.
Two points can be (0,50) and (30,70) since they intercept.
70-50 / 30- 0 = 20/30 = 2/3.
The slope is also going 20 units up and 30 units across which gives you 2/3.
Answer:
I don't know sorry
Step-by-step explanation: