Answer:
$5
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 4%/100 = 0.04 per year,
putting time into years for simplicity,
3 months ÷ 12 months/year = 0.25 years,
then, solving our equation
I = 500 × 0.04 × 0.25 = 5
I = $ 5.00
The simple interest accumulated
on a principal of $ 500.00
at a rate of 4% per year
for 0.25 years (3 months) is $ 5.00.
Answer:
These steps show you the way:
Write the system as a matrix equation.
Create the inverse of the coefficient matrix out of the matrix equation.
Multiply the inverse of the coefficient matrix in the front on both sides of the equation.
Cancel the matrix on the left and multiply the matrices on the right.
Multiply the scalar to solve the system.
You finish with the x and y values.
Brainliest PLZZ?
Answer:
5
Step-by-step explanation: