
just to clarify the engineering notation, E6 is just 1 and 6 zeros, or a million, thus, 107,000,000 is just 107E6.
Answer:
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Step-by-step explanation:
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Answer:
It was 4 years.
Step-by-step explanation:
To solve this problem we need to use the appropriate formula for simple interest, which is shown below:
M = C*r*t
Where M is the amount of interest, C is the initial amount of money, r is the rate of interest and t is the time elapsed in years. Applying the data from the problem we have:
840 =7000*0.03*t
840 = 210*t
210*t = 840
t = 840/210
t = 4
It was 4 years.
Answer:
0.50 (still the same)
Step-by-step explanation: