What’s the question though?
The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
2 1/2 cups of milk for each cup of oatmeal
Answer:
16 apples.
Step-by-step explanation:
Price of apples, Px=$4
Price of tomatoes, Py=$3
Ratio of their Marginal Utilities
Since Natalie’s income is $320
320 = xPx+yPy
Since x=16, Natalie will consume 16 apples.
Answer:
5?
Step-by-step explanation:
2x › 5 (buy at least 4)
so you can just start plugging numbers in.
I used 5, 5 times 2 is 10 which is 5 more that 5, which does met the quota.
