Given parameters:
Principal = £1300
Interest rate = 5%
Duration = 2yrs
Unknown:
Total amount of Dan's principal = ?
To solve this problem, we apply the equation below:
Total investment worth = Principal + interest
Interest =
where P is the principal
R is the rate
T is the time
Now, input the parameters;
Total investment worth = £1300 + £
= £1300 + £130
= £1430
The amount after two years is £1430
hope u understand......
The equation that models the number of funnel cakes and Oreos he can buy is 3.50x + 2.0y = 42
Data given;
To solve this problem, we just need to write out an equation to show how he can spend $42.00 in the fair on Oreos and Cakes.
Let x represent the cakes
Let y represent the Oreos
The equation is thus;
The equation that shows the number of Cakes and Oreos can by is
3.50x + 2.0y = 42
Learn more about equation here;