Answer:
0.03%
Step-by-step explanation:
Simple interes = PRT/100
Given
Interest = $590.00
Principal P = $8000
Time T = 285 days
Rate = ?
Since I = PRT/100
R = 100 x I /PT
= 100 x $590.00 /$8000 x 285
Multiply through
= 59000/2280000
= 0.03%
Answer:
3
Step-by-step explanation:
Answer:
x = -6
Step-by-step explanation:
-10-x=-4 Add 10 to both sides...
-x=6 Divide both sides by -1...
x=-6
Answer:
Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.
Step-by-step explanation:
Principal x rate x time = interest.
$100 x .05 x 1 = $5 simple interest for one year.
$100 x .05 x 3 = $15 simple interest for three years.
Its math just use a calculator or something