Answer:
$8.40
Step-by-step explanation:
The formula for calculating simple interest is
principal * interest rate * time .
Plugging 140 into the principal, or starting value, 3% as the interest rate, and 2 (years) for the time, we get 140*0.03*2 = 8.4, or $8.40 as our answer. Note that 3% turned into 0.03 as turning a percentage into a decimal requires us to divide the decimal by 100
Answer:
200
Step-by-step explanation:
Use the ratio: 20/100 = 40/X
Simplify the ratio: 1/5 = 40/X
Cross Multiply: 1X = 200
Divide both sides by 1: 1X/1 = 200/1
Simplify: X = 200
Mathematics is math, geometry, algebra, calculus
Answer:
$157.45
Step-by-step explanation:
All the amounts provided in the question are supposed to be added as a fee, so if you add all the numbers you would get $157.45.
