Answer:
$395.61
Step-by-step explanation:
The formula for simple interest is:
Where
i is the interest amount
P is the principal amount
r is the rate of interest per time period
t is the time period
Here,
P = 4869
we want to find after 30 months, that converted to years is:
30/12 = 2.5 years
t = 2.5
The annual rate is 3.25% = 0.0325
Now, substituting, we find our answer:
The interest earned is <u>$395.61</u>
Answer:
c=0.42 pounds
Step-by-step explanation:
You divide one of cost by the pounds to get how much one costs then you plug in the equation Cost= # of pound times 48
The solution is as follows:
Set up the proportion:
70% - 98
90% - x
70% / 90% = 98 / x
7 / 9 = 98 /x
(7 / 9) x = 98
x = 98 x 9/7
x = 14 x 9
x = 126
The answer is <span>D. 126.
I hope my answer has come to your help. God bless and have a nice day ahead!</span>
4000 is his total monthly balance.
420 + 380 = 800
800/4000 = 0.20
0.20 = 20%
He spent 20% of his monthly income on food and personal items.
