Answer:
<em>Avram will have to pay $7,047 simple interest</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
Answer: 15 Units
Step-by-step explanation:
Im smart
Answer:
Part A: [0,2], Part B: [2, 4], Part C: [8,10], Part D: 0 ft
Step-by-step explanation:
Part A: The time between 0 seconds to 2 seconds is the time when it's increasing. There is no other time like that.
Part B: The graph shows a straight line so therefore it is staying the same.
Part C: The graph shows a sharp decline.
Part D: Starting from the 10th second, the balloon already hit to ground so it would only make sense for it to stay there...
Answer:
24-21
Step-by-step explanation:
2×12=24 7×3=21 I started from 2×2 towards 2×12 when I got the answer and I started 7×1 towards 7×3
Answer:
2003.85
Step-by-step explanation:
I realize I'm a year late, but the math of the previous answer was so terrible I'm honestly too horrified to let this be.
You have save by an increasing amount of 3 pennies per day. You start with 3 and build from that, each day, for 365 days. First, you must figure out what amount of pennies you shoved into your account on the final 365th day.
An= a1+(n-1)d
An=term you want
a1= term you begin with
n= term you want
d= constant amount
A_365= 3 + (365-1)*3
A_365= 1095
Arithmetic Sum: Sn = N/2 (a1 + an)
365/2 * (3 + 1095) = 200385.
This means you've invested a total of 200385 PENNIES after 365 days.
The question asks for dollars, not your rusting lincoln's.
As (I hope) you know, 1 Dollar = 100 pennies
200385 pennies/100 = 2003.85.
This means you have $2003.85 in your account by the conclusion of the 365th day.
