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3 years ago

13

0.4 divided by 7.29

1 answer:

Fofino [41]3 years ago

3 0

0.4 divided by 7.29 equals 0.054

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Find the simple interest paid to the nearest cent for each loan amount, interest rate, and time.

myrzilka [38]

Answer:

I = $ 1,937.50

Equation:

I = Prt

Calculation:

First, converting R percent to r a decimal

r = R/100 = 3.875%/100 = 0.03875 per year,

then, solving our equation

I = 10000 × 0.03875 × 5 = 1937.5

I = $ 1,937.50

The simple interest accumulated

on a principal of $ 10,000.00

at a rate of 3.875% per year

for 5 years is $ 1,937.50.

Step-by-step explanation:

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3 years ago

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KIM [24]

Answer:

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Step-by-step explanation:

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2 years ago

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Share £40 in the ratio 1:4 between Tim and Sam

lesantik [10]

Answer:

$\£8:\£32$

Step-by-step explanation:

$\frac{40}{1+4}$

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3 years ago

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Marina CMI [18]

Answer:

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Step-by-step explanation:

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2 years ago