0.47=_ hundredths = _tenths and _ hundredths
2 answers:
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Answer:
A $2000
Step-by-step explanation:
Let x be the least amount of money the club has to make to get $600 then...
30%x=600
We can convert 30% to a fraction. Any percentage is that number percent over hundred:
Simplify the fraction by dividing it by 10/10. Notice we can only do this since 10/10 is equivalent to 1, so in a sense we are dividing the fraction by 1:
Multiply 10 to both sides
Divide both sides by 3
The club would have to make at least $2000
$116.02 interest will be earned in 9 months
Step-by-step explanation:
The formula for simple interest is given by:
Here
P is the initial amount
r is the interest
t is the time measured in years
Given
P = $2475
r = 6.25% =
t = 9 months
Converting time into year by dividing by 12
Putting the values in the formula
Rounding off to nearest hundredth
I = $116.02
Hence,
$116.02 interest will be earned in 9 months
Keywords: Interest, simple interest
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