The interest at the end of the first month can be calculated given that the interest rate per month. Once, you get the interest rate per month, you multiply it to the price when you purchased the car.
Z (>/=) -17
start by subracting 26 then multiplying by 2
Your answer would be 2.93.
Answer:
His money earned $36 after 3 months
Step-by-step explanation:
* Lets revise the rules of simple interest
- Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
- Where:
• A = Total amount (principal + interest) future amount
• P = Principal Amount
• I = Interest Amount
• r = Rate of Interest per year in decimal; r = R/100
• t = Time Period involved
* To calculate the interest I use the formula
I = P × r × t
* Lets solve the problem
- The rate is annual
- The interest calculated after 3 months
∴ I = P × R/100 × t/12
∵ P = $3600.00
∵ R = 4%
∵ t = 3 month
∴ I = 3600.00 × 4/100 × 3/12 = $36
* His money earned $36 after 3 months
The answer is b because each x value has one y value.
