It is 40 1/2 because it's a mixed number<span />
Answer:
Step-by-step explanation:
To solve this, we would use the formula for calculating simple interest which is:
Interest = PRT
Then, we will slot in the values given which will be:
84 = P × 3% × 7
84 = P × 0.03 × 7
84 = 0.21P
P = 84/0.21
P = $400
The Principal is $400
Answer:
nbr2 = 0
Step-by-step explanation:
Given
The following program segment
<em>nbr2 = 0 </em>
<em>calc = 1 </em>
<em>x= 7 </em>
<em>while x >=3: </em>
<em> calc = calc * x </em>
<em> x = x - 2</em>
<em />
Required
The value of nbr2
In the first line, nbr2 was initialized to 0 i.e.
<em>nbr2 = 0</em>
<em />
From the second line of the program till the last, no operation was carried out on nbr2
This means that nbr2 will maintain its original value (which is 0)
Hence,
<em>The value of nbr2 is 0</em>
The answer you are looking for is C
Answer:
The exact interest on $5,870 at 12% is $58.70.
Step-by-step explanation:
Given information:
Principal = $5870
Interest rate = 12% = 0.12
Time = June-December = 7 months.
We know that
1 year = 12 months
1/12 year = 1 month
7/12 year = 7 month
Time = 7/12 year
Formula for simple interest:
where, P is principal, r is rate of interest and t is time in years.
Substitute P=5870, r=0.12 and t=7/12 in the above formula.
Therefore the exact interest on $5,870 at 12% is $58.70.