Answer:
I = $1,200.00
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 6%/100 = 0.06 per year,
then, solving our equation
I = 4000 × 0.06 × 5 = 1200
I = $1,200.00
Answer:
b
Step-by-step explanation:
The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
The number of possible combinations is given by
... C(18, 3) = 18!/(3!(18-3)!) = 18·17·16/(3·2·1) = 816 . . . . possible combinations
_____
There are 18 ways to choose the first one; 17 ways to choose the second one, and 16 ways to choose the 3rd one. The same 3 students can be chosen in any of 3! = 6 different orders, so the product 18·17·16 must be divided by 6 to get the number of possible combinations in which order doesn't matter.
