The screens to blurry, you can’t understand the words
Answer:
2yrs
Step-by-step explanation:
Given parameters:
Amount of interest earned = $40
Principal = $400
Interest rate = 5%
Unknown:
Time taken for the money to be in bank = ?
Solution:
The formula for interest is given as:
I =
Where I is the interest
P is the principal
R is the rate
T is the time
So;
100I = PRT
T =
=
= 2yrs
n=2
8+8(8-n)=40+8n (distribute 8 through the parenthesis)
8+64-8n=40-8n (add the numbers)
<em>72-</em>8n=40+8n (move the variable to the left side and change its sign)
<em>72</em><em>-</em>8n+8n=40
-8n+8n=40<em>-72</em> (connect like terms)
-16n = -32 (divide both sides by -16)
<u><em>n=2</em></u>