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.
Step-by-step explanation:
x-the initial number of coconuts
x=3y+1
2y=3z+1
2z=3×7+1=>z=11=>y=17=>x=52
Answer:
The answer is 3.5 mph
Step-by-step explanation:
30 x 2 = 60 minutes = 1 hour
1.75 x 2 = 3.5 miles
So 3.5 miles in 1 hour
3.5 mph
Answer:
Step-by-step explanation:
(2 spreadsheets, 3 databases and 4 presentations,
As not mentioned other wise equal chances of all the outcomes is assumed so, by the classical definition of probability,
P(The chosen item is a odd numbered database)
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