To solve for the A or the principal amount plus interest you can use two formulas:
A = P + I
Where: P = Principal
I = Interest
or you can use
A = P (1+ rt)
Where: P = principal
r = rate in decimal
t = time in years
With your given you can use the second one, without having to use the first.
Given that the Principal amount is $222 and the rate is 12% and time is 10 years, we first need to convert your rate into decimal by dividing the value in percent by 100 which will yield 0.12.
Then now we can just input the data that you know into the formula:
A = P(1+ rt)
= $222(1 + (0.12)(10))
= $222(2.2)
= $488.40
Your A is then equal to $488.40
If you need to get the simple interest all you need to use is the first formula given:
A = P + I
for the interest you transpose the P to the side of the A and you will get:
I = A - P
= $488.40 - $222
= $266.40
$266.40 is the added interest to the principal amount.
Fractions,rats, and percents all interconnect. For ext,50%=11/2 =1:2
Answer:
8
Step-by-step explanation:
k + 9 = 17
subtract 9 from both sides:
k = 8
Answer:
Sam had 80 dollars in his pocket. He was feeling generous, so he handed out equal amount of money to each of his friends. After he handed out the money, he had 53 dollars left. How much did Sam give out to each one of his friends?
Step-by-step explanation:
In this real-world problem, the money he had at the beginning resembles the 80 in the equation. The -3x is the money he gives out to each of his friends. The 53 on the right-hand side is the money he has left after he gives the money away.
Answer:
Probably d but im d u mb
Step-by-step explanation:
