We need to use the formula for simple interest which is
I= prt
Where I is the amount of money you earned or pay in interest
p is the principal, the amount you deposited or borrowed
r is the interest rate expressed as a decimal
t is time in terms of years
In this problem, I= 1,680
p= 3000
t= 8
'. r is what we are looking for.
Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
Answer:
Third and forth.
Step-by-step explanation:
Marks up mean increasing the price.
Answer:
-3/2=slope
y-int = (0,1)
Equation= Y=-3/2x+1
Step-by-step explanation:
X difference: 7-2 = 5
y difference: 11-10 = 1
Add up those results: 5+1 = 6
Answer Is 6
D
1/8 = 0.125
0.125*5=0.625
0.625+1=1 5/8