To solve for Simple interest, we use the formula:
I = Principal x Rate x Time(year)
where:
I = Simple interest = ?
Principal = $2,350
Rate = Rate on Interest = 3.77% = 0.0377
Time = 15 months, we have to convert 15months to year
12 months = 1 year
15 months = ?
Cross multiply
= 15 x 1/12
= 1.25 year
The Simple interest is calculated as:
$2350 x 0.0377 x 1.25
= $110.74375
Approximately = $110.74
Therefore, the simple interest on $2,350 is $110.74
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Answer:
x = 1.117
Step-by-step explanation:
Graph the two equations:
p(x) = 5x² - 3
q(x) = 2x + 1
On the graph below, the positive point of intersection is at (1.117, 3.233).
Positive x-value = 1.117.
Answer:
13
Step-by-step explanation:
because I did the math and I learned this today it's simple
Answer:
8.48
Step-by-step explanation: