9514 1404 393
Answer:
3 months
Step-by-step explanation:
We don't know what's on your list of "useful financial formulas." One that can be used here is the formula for simple interest:
I = Prt . . . . . interest on principal P at annual rate r for t years
Solving for t gives ...
t = I/(Pr)
Filling in the given values, we can find t to be ...
t = 138/(4800×0.115) = 138/552 = 1/4
1/4 year is 3 months -- the duration of the loan.
$18.75
11.25 - 10.50 = 0.75
0.75 • 25 = 18.75
60 minutes
Step-by-step explanation -
14=14t
14*1=14
A. 1/3
6/18 = 0.3333333333333333333
so in fraction it is 1/3
Given :
0.00467
Now,
Standard form of given equation is :
