$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>
⇒ 
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⇒ 
⇒ 
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.
Answer:
$28
Step-by-step explanation:
Given that:
Value of Winning bid = $52
Winning bid 65% of the maximum bid.
To find:
How much more is the maximum bid from the winning bid ?
Solution:
We are given that the winning bid is 65% of the maximum bid.
Using this percentage value, we need to first find the value of maximum bid and then we need to subtract the value of winning bid from the maximum bid to find the answer.
Let the value of maximum bid = $
As per question statement:
Therefore, maximum bid = $80
Our answer is:
$80 - $52 = <em>$28</em>
The third option as you can must flip the second devision part of the equation and make the devision in the middel a multiplication.
Answer:
Step-by-step explanation:
THe answer is C
