The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
Ray wants to buy an item worth 500$ in the most cost-effective way. Let's study each of the 3 cases and see with option is the best.
In the first option, he'll buy the item at list price with a coupon for $10 off. So he'll buy it at 500-10 =$490.
In the second option, he'll buy a membership for $35 and then get the item at a 15% discount. With a 15% discount, the price of the item will be 500 - (500*0.15) = 500 - 75 = $425. And with the membership price, he'll pay a total of 425 + 35 = $460.
The third option is to buy the item online at a 10% discount and pay $4 for the shipping. At 10% discount, the price of the item will be 500 - (500*0.1) = 500 - 50 = $450. And with cost of the shipping, he'll pay a total of 450+4 = $454.
So if he chooses the first option, he'll pay $490. With the second, he'll pay $460. And finally with the third, he'll pay $454.
So the third option is the most cost-effective, buying the item at $454.
Hope this helps! :)
Answer:
B. 1/(3xy^3)
Step-by-step explanation:
The minus sign can be dealt with first, then the root taken.
Answer:
(1/117). decimal is 0.008547(6 decimal places)
Step-by-step explanation:
Ok here u go
We will take the common terms in the expressions-
Here in the expression, 3y is a common term.
So,
So, the answer is
