Answer:
$10,603.20
Step-by-step explanation:
You can calculate the simple interest of the loan using the formula:
I = prt, where I = interest, p = principal amount, r = interest rate and t = time. Plugging in the values from the problem:
p = $7,050
r = 8.4% or 0.084
t = 6 years
I = (7050)(0.84)(6) = $3,553.20
To find the total cost of the boat, add the interest and the purchase price:
$7,525 + $3,553.20 = $11,078.20
We must look at this question in steps
The first half of the journey is travelled at 40 km/h
Half of 100km is 50 km
Using the formula
Distance = Speed x Time
Speed = Distance / Time
Time = Distance / Speed
We can work out the time:
50km / 40km/h = 1.25 hours
Next we look at the second half of the journey
50km at 80km/h
50km / 80km/h = 0.625 hours
Add together both times to work out how long the entire journey took
1.25 + 0.625 = 1.875 hours
Using the Speed formula from before
Speed = 100km / 1.875 =
53 1/3 km/h or 53.3 recurring km/h
Answer:
Avoid Using too many statistics
Step-by-step explanation:
when a speaker is giving a speech, the listeners prefer main points to hearing too much of statistics. Too many statistics bore the audience and sometimes divert their attentions from the crux of the speech. If statistics are to be given, they must be clearly expressed and the source should be clearly stated.
Numbers that are of large decimal points can be rounded off so as not to confuse the audience and to make them grasp the main idea.
Answer:
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Step-by-step explanation:
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Answer:

Step-by-step explanation:
we know that
The simple interest formula is equal to

where
I is the Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have

substitute in the formula above

