I = $ 1,200,000.00
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 1000000 × 0.03 × 40 = 1200000
I = $ 1,200,000.00
The simple interest accumulated
on a principal of $ 1,000,000.00
at a rate of 3% per year
for 40 years is $ 1,200,000.00.
Answer:
Are you supposed to change decimals to fractions and fractions to decimals?
If yes,
0.5 = 1/2
11/4 = 2.75
0.25 = 1/4
3/8 = 0.375
5% = 2.30pounds
2.30 ÷ 0.05 = 46 pounds
5x = y + 6 (I)
2x - 3y = 4 (II)
-------------------
We have:
5x = y + 6 →

Soon:
2x - 3y = 4 →

<span>least common multiple (5)
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