Answer:
6 years
Step-by-step explanation:
1.75% of 1,200 = 21
so 1 year= 21
21+21= 42 2 years
42+21=63 3 years
63+21=84 4 years
81+21=105 5 years
105+21=126 6 years
Or you can do
21x6=126 so it has to equal 6 years
Answer:
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 8 months = 8/12 = 2/3 years
P = $3000
R = 9.3%
Therefore
I = (3000 × 9.3 × 2/3)/100
I = 18600/100
I = $186
The maturity value (in dollars) of this loan would be
3000 + 186 = $3186
Http://www.meta-calculator.com/online/?panel-102-graph&data-bounds-xMin=-10&data-bounds-xMax=10&data...
Reggie’s speed = distance/time
Reggie’s speed = 40.2 / 2.5
Reggie’s speed = 16.08 mi/hr
Craig’s speed = distance/time
Craig’s speed = 30.8 / 1.875
Craig’s speed = 16.43 mi/hr
Hence, answer is Craig
Assuming that the numbers haven't been rounded off, then yes, they are the same.