Ask question

Ask question

All categories

3 years ago

12

The principal P is borrowd at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the

money. Assume 360 days in a year. P=$160, r=5%, t=2years

1 answer:

Lemur [1.5K]3 years ago

5 0

$i = prt$
$i = 160 \times .05 \times 2$
$i = 16$
hope this helps

You might be interested in

In the center of town there is a square park with an area of 900 square feet. If Stephen walks from one corner of the park to th

Vedmedyk [2.9K]

The distance walked by Stephen is 42.42 feet

<h3><u>Solution:</u></h3>

Given that In the center of town there is a square park with an area of 900 square feet

Stephen walks from one corner of the park to the opposite corner

To find: Distance walked by Stephen

We need to find the distance that the person walk from one corner of the park to the opposite corner.

So, we need to find the Diagonal of the square park

<em><u>The diagonal of square is given as:</u></em>

$\text{ Diagonal } = \sqrt{2} \times \text{ side}$

Let us find the length of side of square

Given area of square = 900 square feet

<em><u>The area of square is given as:</u></em>

$area = (side)^2\\\\900 = (side)^2$

Taking square root on both sides,

$side = \sqrt{900} \\\\side = 30$

Thus length of each side of square is 30 feet

<em><u>Therefore, length of diagonal is given as:</u></em>

$diagonal = \sqrt{2} \times 30\\\\diagonal = 1.414 \times 30 = 42.42$

Hence, the distance that the person walks 42.42 feet

3 0

3 years ago

Food costs are expected to rise 6% each month for the next year. Which series correctly depicts the cost (to the nearest cent) f

alexira [117]

For this case we have the following equation:
y = 150 * (1.06) ^ t
For the first month we have:
y = 150 * (1.06) ^ 1
y = 159 $
For the second month we have:
y = 150 * (1.06) ^ 2
y = 168.54 $
For the third month we have:
y = 150 * (1.06) ^ 1
y = 178.65 $
Answer:
d. $ 159.00 + $ 168.54 + $ 178.65

4 0

3 years ago

Read 2 more answers

Suppose a randomly generated list of numbers from 0 to 9 that has a probability success of 80%. which of these groups of numbers

maria [59]

A is the answer because it is the widest variety

3 0

3 years ago

Write an algebraic expression for this word expression. 12 decreased by z

Fynjy0 [20]

The answer is 12 minus z

8 0

3 years ago

The store clerk has 21 mugs to display on shelves.She wants to display an equal number of mugs on each shelf with no mugs left o

kramer

The concept to do this question is to break the number into its factors and then make different combination.

The given number has just two factors

The factors of 21 are 3 & 7.

Which means

21 = 3 × 7.

So

Either we can have 7 shelves with 3 mugs on each shelf.

Or

We can have 3 shelves with 7 mugs on each shelf.

This way as 21 is divisible by 3 & 7. No mugs shall be left out.

So We have two solutions to this.

7 shelves with 3 mugs on each shelf.

3 shelves with 7 mugs on each shelf.

3 0

3 years ago