we know that
The simple interest formula is equal to
![A=P(1+rt)](https://tex.z-dn.net/?f=A%3DP%281%2Brt%29)
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
in this problem we have
![t=5\ years\\ P=\$8,500\\ A=\$10,093.75\\r=?](https://tex.z-dn.net/?f=t%3D5%5C%20years%5C%5C%20P%3D%5C%248%2C500%5C%5C%20A%3D%5C%2410%2C093.75%5C%5Cr%3D%3F)
substitute in the formula above
![10,093.75=8,500*(1+r*5)](https://tex.z-dn.net/?f=10%2C093.75%3D8%2C500%2A%281%2Br%2A5%29)
solve for r
![5*r=(10,093.75/8,500)-1](https://tex.z-dn.net/?f=5%2Ar%3D%2810%2C093.75%2F8%2C500%29-1)
![r=0.0375](https://tex.z-dn.net/?f=r%3D0.0375)
![r=3.75\%](https://tex.z-dn.net/?f=r%3D3.75%5C%25)
therefore
<u>the answer is</u>
the rate of interest is ![3.75\%](https://tex.z-dn.net/?f=3.75%5C%25)
Answer:
$13,450
Step-by-step explanation:
The fixed cost of production is $13,450, this is because a fixed cost of production is the amount of cost that does not change with an increase or decrease in the amount of the goods or services produced. Fixed cost of production are paid by companies. It is one of the two component of the total cost of goods or services along with the variable cost.
In regard to the information given in the question, no matter how many spinners the company produces, the fixed cost will remain the same.
Assuming x is the variable cost which signifies the number of spinners produced, this literally implies that the cost to produce each spinner is $1.28 and the fixed cost which is independent of the production is $13,450.
Hence, the fixed cost of production is $13,450.
Answer:
he can fill 4 bag
i think he will have 4 or 6 left
Step-by-step explanation:
38/8= 4.75
.75/8=6
It’s a if the quotation is bigger than the dividend the answer is just a mixed number
If there are 50 quizzes and the student has taken 20 so far, that means there are 30 remaining quizzes. Now we need to find the overall percentage if the student scores 60% on 20 quizzes and 80% on 30 quizzes.
To do this, we need to figure out what percentage of 50 is 20.
![\frac{20}{50}=0.4](https://tex.z-dn.net/?f=%20%5Cfrac%7B20%7D%7B50%7D%3D0.4%20)
or 40%
If 20 quizzes make up 40% of the total, then the remaining 30 quizzes make up 60%. Now we need to multiply the scores earned by the max possible points out of 100.
0.6(40) + 0.8(60) = 72
The answer is 72%.