Answer:
54/3-7=11
Step-by-step explanation:
x/3<u>-7=11</u>
+7 +7
(3)x/3=18(3)
x=54
Check
54/3-7=11
18-7=11
11=11
Answer:
SI = $1,200 ; A = $6,200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 5000 × 0.03 × 8 = 1200
I = $ 1,200.00
The simple interest accumulated
on a principal of $ 5,000.00
at a rate of 3% per year
for 8 years is $ 1,200.00.