Answer:
The total earned money over the 5 year period=$14,000
Step-by-step explanation:
We are given that
Principle amount, P=$10000
Rate of interest, r=8%
Time, t=5 years
We have to find the total earned money over the 5 year period.
We know that
Simple interest=
Using the formula
S.I=[tex]\frac{10000\times 8\times 5}{100}{/tex]
S.I=$4000
Now,
Amount=P+S.I
Amount=10000+4000
Amount=$14000
Hence, the total earned money over the 5 year period=$14000
Answer:
Step-by-step explanation:
The equation for the monthly charge has the following format
In which y(x) is the cost in function of the number of kilowatt-hours used(x), a is the price of each killowatt hour and b is the fixed(base) charge.
Base charge of $17.32 per month.
This means that
charge of 7.32 cents per kilowatt-hour
Our answer is in dollars. Each dollar is 100 cents. So 7.32 cents is
Write an equation for the monthly charge y in terms of x, the number of kilowatt-hours used.