E
2x - 48 = 10x
-2x -2x
-48 = 8x
/8 /8
-6 = x
if you move all of your x's on to the same side it is easier to solve
0.
1/2 is equivalent to 0.5
1 is equivalent to 1.0
$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)
r = 6.5% = 6.5/100 = 0.065
We'll use the decimal form of the interest rate as it is most common for financial math problems.
P = 20,000 is the amount deposited
t = 1 year is the amount of time
We will plug those values into the formula
i = P*r*t
to get the following:
i = P*r*t
i = 20000*0.065*1
i = 1300
So Mark earns $1,300 in simple interest each year.
20.7123152 thats the answer i looked it up
Answer:
Ok
Step-by-step explanation:
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