Answer: $10000
Step-by-step explanation:
From the question,
Principal = $43000
Time = 5 years
Rate = Unknown
Simple Interest = $51,600 - $43000 = $8600
We need to calculate the rate of interest which will be:
Interest = PRT/100
8600 = (43000 × 5 × Rate) / 100
Cross multiply
8600 × 100 = 215000 × Rate
Rate = 860000 / 215000
Rate = 4%
Assuming Justine borrowed $50,000 instead, the yearly Interest will be:
= (50000 × 5 × 4%)
= 50000 × 5 × 0.04
= $10000
Answer: Look you have a website called symbolab and another called desmos for this stuff.
Step-by-step explanation:
Answer:
Step-by-step explanation:
To find the circumference of a circle, you can multiply the value of the diameter of the circle with the value of pi.
Answer:
its the top right
Step-by-step explanation:
x before y
In order to find what fraction describes this percentage, you first need to know that no matter what percentage you are working with, if you want to convert it into a fraction, put the 35 as the numerator and 100 as the denominator. If you still don't know what I mean, 35 at the top of the fraction and 100 at the bottom. Like this; 35/100. Then, you can simplify it by finding a common multiple between 35 and 100. For example, 5 can be divided into 35 and 100. 35 divided by 5 is 7 and 100 divided by 5 is 20. Your result is 7/20, which can further no more be simplified because there are no more common multiples between the two numbers.
