Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
Answer:
$54
Step-by-step explanation:
An expression for the total cost would be:
1($32) + ($32-$10) = $32 + $22 = $54
3/4 times 7/6 in simplest form = 0.875
Answer:
12 stores
Step-by-step explanation:
180 * 1/15 = 180/15 = 12
