we'd do the same as before on this one as well.
if we take 27.99 to be the 100%, what is 12 off of it in percentage?
The formula to find the amount is
here A is amount
P is the principal
'r' is the rate of interest
n is the number of years.
Case 1.
Stevan invests
P =$ 20,000
r = 3% = 0.03
n = 10 years
Hence the interest earned
= A - P = 26878.33 - 20000 = $6878.33
Case 2.
Evan invests
P = $10,000
r = 7% = 0.07
n = 7 years
Hence the interest earned
= A - P = 16057.81 - 10000 = 6057.81
Difference in the interest = 6878.33 - 6057.81 = $820.52
Rounded to the nearest dollar difference in interest = $821
Answer: 0.6 in 10 % ; 0.4 in 15 %
Step-by-step explanation:
1. (x*10%) + (y*15%)/ x+y=12%
2. x+y = 1 x= 1-y
(0.1x + 0.15y/ x+y= 12/100) * 100
(10x + 15y/x+y = 12)*(x+y)
10x+15y= 12x + 12y
-2x=-3y
2x = 3y 2(1 - y)= 3y
2-2y=3y 2= 5y
y= 0.4
x= 0.6
Answer:
c) 72
Step-by-step explanation:
multiply 18 by 4
