Answer:
1. $2,950.62
2. $93.75
Step-by-step explanation:
Ann took out a loan of = $12,000
At an interest rate of = 5.65%
Time = 4 years
Formula of compound interest = 
= 
= 
= 12,000 × 1.24588514
Interest = Amount - principal amount
= $14,950.62 - 12,000
= $2,950.62
Amount that Dan borrowed = $1,250
rate of interest = 5%
Time = 18 months or 1.5 years
Formula of simple interest = P(1+rt)
= 1250(1+(0.05 × 1.5))
= 1250(1+0.075)
= 1250 × 1.075
= 1343.75
Interest = Amount - principal
I = 1343.75 - 1250
= $93.75
Answer:
14 years old
Step-by-step explanation:
Assume Ray's sister's age is x.
Ray's age is (x/2)+3, i.e (x+6)/2
If Ray is 10yrs old,then
(X+6)/2 = 10,
x+6 = 20
x = 14
Therefore,Ray's siSter's /e is 14years
Answer:
Below
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
Inequality Form: x >2
Interval Notation: ( 2, ∞)
Hope this helps:)
You would multiply 36 and 6 to get x