<span>The simple interest formula is:
A = P · (1 + r · t)
where:
A = total amount
P = principal
r = rate
t = time
Let's solve for r:
A = P + P · r · t
P · r · t = A - P
r = (A - P) / (P · t)
The quantity A - P is defined as the Interest, therefore:
r = I / (P <span>· t)
= 1020 / (8500 </span>· 4)
= 0.03
Therefore the rate was 3%.
</span>
We know that
a1=1
a2=3
a3=9
a2/a1=3/1----> 3
a3/a2=9/3----> 3
<span>common ration r is equal to 3
number of terms n is 12
The </span><span>Sum of geometric series is given by the formula
</span>Sum=a1*[1-r<span>^n]/[1-r]
</span>Sum=1*[1-3^12]/[1-3]-----> Sum=[1-3^12]/[1-3]----> [3^12-1]/[3-1]
<span>Sum=531440/2-----> 265720
the answer is
265720
</span>
Other people answer for you :) like I am now
According to PEMDAS, you would look in the parenthesis first. In the first set of parenthesis we have an exponent. 10x10x10x10 is 10,000. Then we multiply this by 2.5. We now have 25,000. We put this to the side..
Next, we do the same thing on the other side -- 10x10x10 is 1,000 and then you multiply that answer by 1.5 and we have 1,500. Now we can subtract. 25,000 - 1500 = 23,500 :)
Net Income: I=$1,240.00
Food: F=$150.00
Car payment: C=$244.00
Rent: R=$300.00
Saving: S=$50.00
Other things: O=?
F+C+R+S+O=I
$150.00+$244.00+$300.00+$50.00+O=$1240.00
Solving for O:
$744.00+O=$1240.00
$744.00+O-$744.00=$1240.00-$744.00
O=$496.00
Percent of his net income Victor can spend on other things: P=?
P=(O/I)*100%
P=($496.00/$1240.00)*100%
P=(0.40)*100%
P=40%
Answer: 40% of his net income Victor can spend on other things.
