Answer:
35 percent
Step-by-step explanation:
1050 / 3000 as a percent
1050 / 3000 = 105 / 300
Divide both sides by 3:
300 / 3 = 100
105 / 3 = 35
35 / 100 = 35 percent
AWNSER: B or 54
Hope this helps and Happy Friday!
Answer:
The money was left untouched for 2 years and 6 months or just 2.5 years
Step-by-step explanation:
In this question, we are asked to calculate the time taken for an amount deposited to earn a certain amount of interest.
Mathematically, simple interest can be calculated using the formula;
I = PRT/100
where I is the interest accrued which is 3696.88 - 3,500 = 196.88
P is the principal which is the amount deposited = 3,500 according to the question
R is the rate which is 2.25% according to the question
T is the time which we are to find
we can rearrange the formula making T the subject and we obtain the following;
T = 100I/PR
substituting the values listed above we have;
T = (100 * 196.88)/(3500 * 2.25)
T = 19688/7875
T = 2.5 years or 2 years 6 months
$390 is the interest will Charlie’s initial investment earn over the 15-year period. The money does Charlie have after the 15 years is $715.
<u>Step-by-step explanation:</u>
Harlie invests $325 in an account.
- Principal, P = $325
- Interest rate, r = 8% ⇒ 0.08
- Number of years, t = 15
<u>The formula to find the interest will Charlie’s initial investment earn over the 15-year period :</u>
⇒
<u></u>
⇒ 
⇒ 
Therefore, $390 is the interest will Charlie’s initial investment earn over the 15-year period.
<u>Money Charlie has after 15 years :</u>
It is given by the formula,
⇒ Amount = Principal + Interest.
⇒ 325 + 390
⇒ 715 dollars.
∴ The money does Charlie have after the 15 years is $715.
If you have a picture of the problem I can answer it so just send a pic of the math problem