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Answer:
You should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
Step-by-step explanation:
Using the formula

where
I = Interest earned
P = The principal (let say in $)
r = The Interest Rate
t = time
Given that
- P = The principal amount needed to invest (let say in $)
Thus,

100 = P × 5% × 1
100 = P × 5/100 × 1
100 × 100 = P × 5
10000 = P × 5
P = 10000/5
= 2000 (let say in $)
Thus, you should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
it would look like this: x times 7 -> 7x
Answer:
64
Step-by-step explanation:
can be found by first finding
then taking that result and putting it into the function
.
means we are going to take the expression
and evaluate it for
:


So
.
So we have this so far:
.
was found by replacing
in
with
.
Answer:
$2.18
Step-by-step explanation:
since there are 4 quarts in a gallon then there are 2 in a half gallon and therefore if you divide by 2 that would be your price per quart.