Answer:
Option B.
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Answer 4.6
Step-by-step explanation:
Answer:
a) 69.99
b) .20%
Your welcom ,.hb
Step-by-step explanation:
Answer: her call lasted for 26 minutes.
Step-by-step explanation:
Let x represent the number of minutes for which her call lasted.
Rachel purchased a prepaid phone card for $30. Long distance calls cost 6 cents a minute using this card. Converting 6 cents to dollars, it becomes 6/100 = $0.06
This means that the cost of x minutes of long distance call is
0.06 × x = $0.06x.
If the remaining credit on her card is $28.44, it means that
0.06x + 28.44 = 30
0.06x = 30 - 28.44
0.06x = 1.56
x = 1.56/0.06
x = 26
Answer:
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