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3 years ago

You deposit 1200 in an account. the annual interest is 3 percent. how long will it take you to earn 108 in simple interest

Mathematics

2 answers:

Natali [406]3 years ago

7 0

Each year, you earn 3 percent of 1200, or 36. So after 3 years, you’ll have earned 3 * 36 or 108. So 3 years.

AleksandrR [38]3 years ago

3 0

1200 + 108 = 1200( 1 + 0.03x)

1308 = 1200 + 36x

36x = 108

x = 3 years

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Read 2 more answers

Michaels buys three over a pound of cheese he puts the same amount of cheese and three sandwiches how many cheese how much chees

Tasya [4]

Question is not proper,Proper question is given below;

Nicholas buys 3/8 pound of cheese he put the same amount of cheese and three sandwiches how much cheese does Nicholas put on each sandwich

Answer:

Nichole can put $\frac{1}{8} \ pounds$ of cheese on each of his sandwich.

Step-by-step explanation:

Total Amount of cheese he has = $\frac{3}{8} \ pound$

Number of cheese sandwiches = 3

We need to find Amount of cheese does Nicole put on each of his sandwich.

Solution:

Amount of cheese on each sandwich can be calculated by dividing Total Amount of cheese he has with Number of cheese sandwiches.

framing in equation form we get;

Amount of cheese on each sandwich = $\frac{\frac{3}{8}}{3}} = \frac{1}{8} \ pounds$

Hence Nichole can put $\frac{1}{8} \ pounds$ of cheese on each of his sandwich.

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