Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final 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
----> one year is equal to 12 months
substitute in the formula above
30 x 30 x 26 = 23,400
area= 23,400
1.34 is greater than 1.334
Example values:
The waiter will earn 5 dollars per hour. He worked for 7 hours last night. He made 50 dollars in tips.
An equation can be made with these variables:
The waiter would make 85 dollars that evening.