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Lelechka [254]
3 years ago
5

How many simple interest accrues on a $5,000 loan at 8% for 18 months?

Mathematics
1 answer:
katen-ka-za [31]3 years ago
5 0

Answer:

$600

Step-by-step explanation:

A = P(1 + rt)

P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.

A= 5,000(1+ 0.08x1.5) = $5600

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The mean amount of water in 5 containers is 620 ml the total amount of water in 4 q of the containers is 2750 what is the amount
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<span>The <u>correct answer</u> is:

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Explanation<span>:

Let x be the amount in the fifth container.

The mean is found by adding all of the amounts together and dividing by the number of containers (in this problem, 5). We know that the total from the other 4 containers is 2750; add this to x, our unknown number. Then we divide by 5 to arrive at our answer of 620.

Algebraically,
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To solve, multiply both sides by 5:
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Subtract 2750 from both sides:
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x=350.

There are 350 ml in the fifth container.</span></span>
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