Answer:
46.9
Step-by-step explanation:
328/7 = 46.9
To double check: 46.9 x 7 = 328
Have an amazing day!!
PLEASE RATE!!
Answer:
451.5
Step-by-step explanation:
I'm rusted on the mathematics
Answer:
subtract 22 on both sides
Step-by-step explanation:
hope this helps :)
They both have the same rate of change
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.
