The information shown here only shows a principal sum, a rate of interest and a period or time. There is no question as to what is needed. But suppose the need is for simple interest, then we calculate using the given information and the formula:
I = PRT
where I is simple interest, P is the principal, R is the rate per year, and T is time
P = 290, T is 6 months which is 0.5 years, R = 12.5 % which is written as 0.125 in decimal fraction.
I = 290 × 0.125 x 0.5 → I = 18.125
Therefore after 6 months , the interest earned will be 18. 125 dollars
Answer:
BBBBBBBBBB
Step-by-step explanation:
1/4 mile per 22.5 seconds
The other factor is (y - 3). If you multiply the two terms together, you will end up with
:
Each year 107.2%increase of budget
first year 500 * 1.072 = 536
second year 536 * 1.072 = 574.592
third year 574.592 * 1.072 = 615.962624
..
..
sixth year 707.854392 * 1.072 = 758.819908
or you can just (1.072)^6 * 500 = 1.517639816659862 * 500 = 758.8199083299308
bingo........
9514 1404 393
Answer:
1.49283
Step-by-step explanation:
8.1% as a decimal is 0.081
The product of that and 18.43 is ...
0.081 × 18.43 = 1.49283
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If this is a monetary value, it would round to 1.49.