Calculate the interest in a year
Multiply the annual percentage of interest by the investment to find the interest.
interest in a year = 2% × 1,000
interest in a year = 0.02 × 1,000
interest in a year = 20
The annual interest is $20
Calculate the interest after 10 years
Multiply the annual interest by 10
interest 10 years = 20 × 10
interest 10 years = 200
The sum of interest after 10 years is $200
Find total investment
investment = first investment + interest in 10 years
investment = 1,000 + 200
investment = 1,200
The investment will be worth $1,200 in 10 years
Answer:
60
Step-by-step explanation:
sum the parts of the ratio, 8 + 12 = 20 parts
Divide the total by 20 to find the value of one part of the ratio
100 ÷ 20 = 5 ← value of 1 part of the ratio , thus
8 parts = 8 × 5 = 40 ← number of purple bikes
Answer:
Step-by-step explanation:
1. Eggs are sold at a price of P 105.00 per dozen.
Rate = 
2. The carpentry job can be done by 3 carpenters in 4 days.
Rate at which each carpenter works = 
= 1
days
This shows that each carpenter worked for an average of 1.3333 days to complete the job.
3. Five tickets are sold at P 600.00
The price for one ticket = 
= 120
One ticket is sold for P 120.00.
4. The dollar's rate is P 52.00.
This implies that;
1 dollar = P 52.00
dollar rate = 
5. The ratio of water to milk in the recipe is 1 to 4.
This implies that to 1 measure of water, 4 measures of milk is used in the recipe.
rate = 
Answer:
pq= 12 cm
Step-by-step explanation:
