The equation for simple interest is
I = P x R% x T
I is simple interest
P is principal, which is the amount u deposit in
R% is the rate
And T means the time
However, this question didn't list whether 5% is per annual or per monthly.
Suppose it's oer annual,
From the numbers, we can substitute in
Interest = 350 x (5%/12) x 8
Note that since the amount of time is in months, and one year has 12 months, so we need to change the rate into per monthly.
Interest = 350 x (5%/12) x 8
Answer = $11.66666676
But suppose it's per monthly.
This time we don't need to divide the rate by 12.
Interest= 350 x 5% x 8
=$140
Answer:
0.2(48)
Step-by-step explanation:
20/100=0.2
In this situation, there are 2 separate terms (parts of the story). The first part is the information about the coupon that applies to the daily rate of $40. You will represent this as 0.75 (for the 75% that you will be paying) x 40. (The other part of this story is that you are paying $0.15 per mile which is represented as 0.15m. You need to put these together to get 0.75(40) + 0.15m. The 0.25 times 40 can be simplified to say 30, so write it as $30 + $0.15m.
Answer: C (2,-3)
Explanation: (x1+x2/2),(y1+y2/2)
