Marissa wants to know how much she would make using the simple interest calculation.
She will have $4,432.35
Given data
Principal = $3,900
Time = 7 years 6 months = 7.5 years
Rate = 1.82%
I = A - P = $532.35
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 1.82%/100 = 0.0182 per year.
Solving our equation:
A = 3900(1 + (0.0182 × 7.5)) = 4432.35
A = $4,432.35
The total amount accrued, principal plus interest, from simple interest on a principal of $3,900.00 at a rate of 1.82% per year for 7.5 years is $4,432.35.
Learn more about simple interest here:
brainly.com/question/20690803
Sir you posted question and answer? or are providing examples of preferred format?
Answer:
1.0712
Step-by-step explanation:
if you increase by 4%, it means you will have a new total of 104%. In decimals it is 1.04 (divide your percentage by 100) after that you do the same with the 3% increase. you'll have a new total of 103%. In decimals 1.03. If you want to know what single multiplier you can use, you need to multiply the both decimals. So you get 1.04 x 1.03 = 1.0712
hope this will help you, have a nice day!
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Answer:
u would have 3 cups of sugar
Step-by-step explanation:
