Answer:Thang will pay $300 as interest
Step-by-step explanation:
We would apply the formula for determining simple interest which is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 3 years
P = $2000
R = 5%
Therefore
I = (2000 × 5 × 3)/100
I = 30000/100
I = $300
Answer:
He took a loan of $500 and paid a fee of $50 on the loan. This means that #500 divided by $50 =10%
Answer:
35 red marbles
Step-by-step explanation:
So we can put the different color marbles in a ratio. So 7:2:11. If we add all of those up we get 20. We do 100/20 to get 5. Each number in the ratio is equivalent to 5 marbles. Then we do 7*5 to get 35. We can check our work by doing, (7*5) + (2*5) + (11*5) = 100. And it does equal 100 so the answer is correct.
