Trina borrowed $460 from a friend. Her friend charged her 5% simple annual interest.Let's solve how much will Trina owe her friend in total after 3 years? Use the simple interest formula to solve.
I = prt
I = (460)(0.05)(3)
I = 460 * 0.05 = 23
I = 23 * 3 years = 69 dollars is the interest.
Trina must pay her friend a total of $460 + 69 = 529.
Step-by-step explanation:
Espero que te ajude de mucho
Answer:
x intercept = -7/2
y intercept = 21/5
Step-by-step explanation:
-6x +5y = 21
To find the x intercept, set y=0 and solve for x
-6x +5(0) =21
-6x =21
Divide each side by -6
-6x/-6 = 21/-6
x = -21/6 = -7/2
To find the y intercept, set x=0 and solve for y
-6(0) +5y = 21
5y =21
Divide each side by 5
5y/5 =21/5
y = 21/5
The monetary policy that the Central Bank is using to address the downturn in the economy is the reduction of the reserve requirement from 17% t 14%.
<h3>What is monetary policy?</h3>
It should be noted that the monetary policy is the set of actions to control money supply in the economy.
The macroeconomic issues resulting from the pandemic on Trinidad and Tobago are that there are less money in circulation and there's a reduction in the standard of living.
The reduction of the reserve requirement will impact the money supply as it will lead to more money in circulation.
<u>Complete question:</u>
1. What form of monetary policy can the Central Bank use to address the downturn in the economy resulting from the pandemic?
2. Identity and explain two macroeconomic issues resulting from the pandemic on Trinidad and Tobago.
3. Identify how the reserve requirement will impact the money supply.
Learn more about monetary policy on:
brainly.com/question/13602420
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Chocolate- 20×.5= 10 Vanilla-20×.25=5 Strawberry- 20×.25=5 10+5+5=20
