This is the concept of financial mathematics, the simple interest rate is given by:
S.I.=(PRT)/100
where:
P=principle=$2500
R=rate=5.5%
T=time=1 year
Hence;
S.I.=(5.5*2500.1)/100
=$137.5
Thus the total amount he had after 1 year will be:
2500+137.5
=$2,637.5
Answer:108
Step-by-step explanation:
Answer:
Isolate the variable by dividing each side by factors that don't contain the variable.
M = 0.65146579
t=0
simplified = M ( t ) = 0.65146579 t
Step-by-step explanation:i really hope this helps you
Answer:
7.5 bags of dog food in 6 months
Step-by-step explanation:
(0.5)(6) = 3 bags for the his smaller dog (0.75)(6) = 4.5 bags for his larger dog... now add 3 + 4.5 and you get 7.5 total bags
