The time it will take before your investment is worth $6000 = 7 years
<h3>Calculation of simple interest </h3>
The amount of money invested per month = $150
Therefore the amount principally invested yearly;
= 12 × 150 = $1,800
Simple interest = $6000
Rate = 4%
Time = ?
Using the formula for Simple interest (SI)= P×T×R/100
Make T the subject of formula,
T = SI × 100/P×R
T = $6000×100/1800×4
T = 600000/7200
T= 83 months/ 12 = 7 years
Learn more about simple interest here:
brainly.com/question/20690803
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8(4x+5)=136
Multiply the number outside of the parenthesis(8) with the numbers inside the parenthesis(4x and 5).
32x+40=136
Subtract 40 from both sides
32x=96
Divide both sides by 32 so the only thing remaining on the side of the variable is only the variable itself.
Final Answer: x= 3
What is 8% of 24.52= 1.9616
just round up
Answer:
D) 32.6
Step-by-step explanation:
This question is asked to find the value of "c", a variable.
We can rewrite the equation like this: 62 = 29.4 + c.
So, something + 29.4 = 62.
62 - 29.4 = 32.6.
Hope this helps!
I hope it’s right?! You just need to do this
