1) $600 deposited at 4% simple interest for one year generates:
$600 * 4% = $600 * 0040 = $24
2) If he wants to earn $132 in interest for the year, he yet needs to generate $132 - $24 = $108 (additional)
3) The interest rate to generate $108 on a deposit of $1200 in a year, at simple interest is:
$1200 * (r) = $108 => r = 108 / 1200 = 0.09 = 9/100 = 9%
Answer: 9%
2x² = 7x + 6
Subtract both terms so that we can get 0 on one side.
2x² - 7x - 6 = 0
Find what factors of - 12 (2 * - 6) add up to be - 7. It's - 4 and - 3.
2x² - 4x - 3x - 6 = 0
2x(x - 2) - 3(x - 2) = 0
(x - 2)(2x - 3) = 0
Now set each equal to 0.
x - 2 = 0
x = 2
2x - 3 = 0
2x = 3
x = 3/2
x = 3/2, 2
Answer:
$7282.8
Step-by-step explanation:
You multiply 7000*0.02
Add 140 (answer to this^) to 7000
7140*0.02
^add this answer to get 7282.8
Answer:
It should be 12+20= 32 ft
Step-by-step explanation:
