If they each kept the same amount of the $50 prize, then we divide $50
by 2 people, giving each of them $25 winnings. Your question is then a
little confusing because it could be answered in two ways. Did they
each keep $20.75 out of their $25 winnings, or did the two of them keep
$20.75 in a combined total? Please read your question again to see
which might be the case. I'm answering on the assumption that they each
kept $20.75.
STEP 1:
divide total prize money by 2
= $50 ÷ 2
= $25 each won
STEP 2:
If they each kept $20.75
= $25 won - $20.75 each kept
= $4.25 each gave away
STEP 3:
multiply amount given away by 2 people
= $4.25 * 2 people
= $8.50 total given away
ANSWER: The total given to Romy is $8.50.
Hope this helps! :)
5.104+4.103+7.10+1=
9.207+7.10+1=
16.307+1=
17.307
Answer: 13%
Step-by-step explanation:
The formula to find the simple interest is given by :-
, where P is the principal amount, r is rate of interest () in decimal and t is the time ( in years).
Given : P = $19,100 , I=$9932.00 and t= 4 years
Substitute all the above values in the formula , we get
In percent , 
Hence, the rate of interest = 13%
