The simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
<h3>What is simple interest?</h3>
Simple interest refers to the interest calculated only on the principal.
With the simple interest method, the borrower only pays interest on the principal without considering the previously-accumulated interests.
<h3>Data and Calculations:</h3>
Principal = $4,700
Interest rate = 4%
Period = 10 months
Simple interest = $156.67 ($4,700 x 4% x 10/12)
Thus, the simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
Learn more about simple interests at brainly.com/question/
Multiple 1.65/100 which equals 14.4375
The add 14.4375 to 875 & round to the closest cent which is 889.44
Answer:
m<G = 71
Step-by-step explanation:
Find x first
7x + 1 + 6x - 6 + 55 = 180
Combine like terms:
13x + 50 = 180
- 50 - 50
13x = 130
/13 /13
x = 10
Then apply to problem
7 (10) + 1
70 + 1
= 71
