Please help asap!! no trolls
2 answers:
You might be interested in
Answer:
4 years and 2 months
Step-by-step explanation:
<u>Simple interest formula</u>
A = P(1 + rt)
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- t = time (in years)
Given:
- A = $500 × 2 = $1,000
- P = $500
- r = 24% = 0.24
Substitute the given values into the formula and solve for t:
Therefore, it takes 4 years and 2 months for the initial investment of $500 to double at a simple interested rate of 24%.
Answer:
The cost of 1 Rose Bush= $ 8
The cost of 1 Shrub = $12.
Step-by-step explanation:
The cost of 11 rose bushes and 4 shrubs = $136
The cost of 2 rose bushes and 11 shrubs = $148
Let the cost of one rose bush = $x
and the cost of one shrub = $ y
Now, according to the question:
11 x + 4 y = 136
and 2 x + 11 y = 148
From (1), we get that 11x = 136 - 4y
or,
Substitute this value of x in equation (2), we get
or,
or, 113 y = 1356
or, y = 1356/113 = 12
⇒ y = 12, So
or, x =8 and y = 12 is the solution of the above system.
Hence, the cost of 1 rose bush = $x = $8
and The cost of 1 shrub = $ y = $12.