The amount of money you deposit into the account is $3000
<h3>How much money did you deposit into the account? </h3>
The given parameters are
Rate, r = 8%
Time, t = 5 years
Interest, I = $1200
The formula of simple interest is
I = PRT
So, we have
1200 = I * 8% * 5
This gives
1200 = I * 0.4
Divide both sides by 0.4
I = 3000
Hence, the amount of money you deposit into the account is $3000
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Answer:
25 hamburger
20 hot dogs
Step-by-step explanation:
Answer:
I = interest
Step-by-step explanation:
I=prt
I = interest
p = principle
r = rate
t = time
Step-by-step explanation:
12 + 16 ÷ 4 × 5 - 8
12 + 4 × 5 - 8
12 + 20 - 8
32 - 8
24
