2 years ago

What is 14.2 ÷ 1,000? Please do not get answer from Google. Very urgent!

Mathematics

1 answer:

weqwewe [10]2 years ago

6 0

Answer:

0.0142

Step-by-step explanation:

You just have to divide the numbers

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pam deposited $6,900 in a savings account with simple interest. Four months later she had earned $23 in interest. What was the i

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Step-by-step explanation:

We use the simple interest equation of A=P(1+rt).

A-the total amount with interest earned

P-the initial amount or principal

r-rate

t-time in years

We substitute the values P=6900, A=6923, and t=0.33 since 4 months divided by 12 months is 0.333 years. We then solve for r.

$6923=6900(1+r(0.33))\\6923=6900(1+0.33r)\\\frac{6923}{6900} =\frac{6900(1+0.33r)}{6900} \\1.0033=1+0.33r\\1.0033-1=1-1+0.33r\\0.0033=0.33r$

Our final step is to divide both sides by 0.33.

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This is the decimal of the rate. We convert to a percentage by multiplying by 100. 0.01(100)=1%.

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