Answer:
correct
Step-by-step explanation:
Answer: a. $2700
b. $10200
Step-by-step explanation:
a. The interest she would have earned at the end of the 6 years can be gotten using the formula
= PRT/100
= $7500 × 6% × 6
= $7500 × 6/100 × 6
= $7500 × 0.06 × 6
= $2700
b. Her balance when she wants to withdraw the money would be:
= $7500 + $2700
= $10200
-43 - 4r = 3 - 27r
Add 27r to both sides. -43 - 4r + 27r = 3 -27r + 27r or -43 + 23r = 3
Add 43 to both sides. -43 + 43 +23r = 3 + 43 or 23r = 46.
Divide both sides by 23 to get r by itself. 23r / 23 = 46 / 23 or r = 2
r = 2