Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
0.84 is 10 times as much as 0.084
An exponential behavior can be observed.
Let x be the number of years she has to wait.
100((1+0.08/12)^12x) = 150
Now solve for x.
log base 1.08/12 of 1.5 = 61.02 approx
12x=61.02
x=5.09 years
Answer:
a.) =30.72*50
b.)13.02*50
Step-by-step explanation:
you got to calculate the area of the two rooms by multipling the sides.
as we know that the scale is 1:50, this means for every 1meter it is 50 meters.
once we have calculated the area of the space used multply it by 50 to get the area dimensions occupied
Answer:
Step-by-step explanation:
The value of the y-intercept is (0,7)
So the y intercept is 0,7
