Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
step 1
Find the rate of interest
in this problem we have
substitute in the formula above and solve for r
The rate of interest is 
step 2
Find the sum of money that will amount to 25,500 in 5 years, at the same rate of interest
in this part we have
substitute in the formula above and solve for P
Answer:
The answer is B. 57.6
Step-by-step explanation:
240 x .24 = 57.6
Answer:
Around 175.80
Step-by-step explanation:
732/178 + 167 - 642/137 =
366/89 + 167 - 642/137
4 10/89 +167 - 642/137
8.80 +167
175.80
Answer:
8.93
Step-by-step explanation:
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