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3 years ago

If the principle is $12,000 and the rate of interest is 6% (simple interest), what

Mathematics

1 answer:

Elza [17]3 years ago

7 0

9514 1404 393

Answer:

$12,720

Step-by-step explanation:

The amount is given by the formula ...

A = P(1 +rt)

where P is the principal, invested at rate r for t years.

A = $12,000(1 +0.06·1) = $12,720

The total amount after 1 year is $12,720.

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3 years ago

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Mrrafil [7]

Answer:

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2 years ago

What is the slope intercept form of y-2 = 2 (x-3)

nevsk [136]

Answer:

y = 2x - 4

Step-by-step explanation:

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3 years ago