The simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
<h3>What is simple interest?</h3>
Simple interest refers to the interest calculated only on the principal.
With the simple interest method, the borrower only pays interest on the principal without considering the previously-accumulated interests.
<h3>Data and Calculations:</h3>
Principal = $4,700
Interest rate = 4%
Period = 10 months
Simple interest = $156.67 ($4,700 x 4% x 10/12)
Thus, the simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
Learn more about simple interests at brainly.com/question/
Answer:
x=9, y=3
Step-by-step explanation:
-4x+6y=-18
y=-2x+21
-4x+6(-2x+21)=-18
-4x-12x+126=-18
144=16x
x=9
y=-2x+21
y=-18+21
y=3
$14 - covert 2/5 to a decimal (or percentage) = 0.4 (40%) and then multiply by 35.
64899.4
Explanation: rounding to the nearest ten is the first number AFTER the decimal. You round up one of the 2nd number is greater than 5, but it is 4 in this case. The answer would be 64899.4