2 and 5 and it's says i need more letters to summit this answer that's why i am typing all of this
Answer:
Step-by-step explanation:
<u>Let's use PRT/100 to see what will be the total amount.</u>
- Total amount = Interest + Principle
<u>Solution:</u>
- PRT/100 = Interest
- => 2000 x 3.75 x 20 years/100
- => 20 x 3.75 x 20 = Interest
- => 2 x 2 x 375 = Interest
- => 4 x 375 = Interest
- => 1500 = Interest
- => Total amount = 1500 + 2000
- => Total amount = $3500
Hence, after 20 years, the amount earned is $3500.
Answer:
$675
$850
$1200
Step-by-step explanation:
Use formula for simple interest:
A = P (1+rt)
where
A = accrued amount (principal + interest) = what we want to find
P = Principal (initial) amount = Given as $500
r = rate of interest = Given as 7% = 0.07
t = time
For 5 years, t = 5
A = 500 [ 1 + 0.07(5) ] = $675
For 10 years, t = 10
A = 500 [ 1 + 0.07(10) ] = $850
For 20 years, t = 20
A = 500 [ 1 + 0.07(20) ] = $1200
Answer:
q = -2
Step-by-step explanation:
when solving 12q >= -24 you get
q >= -2 (12 divides 24 by 2)
therefore q is greater or equal to -2.
