Answer:
A. 1.06
B. $6,784
Step-by-step explanation:
I = A - P = $384.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 6%/100 = 0.06 per year.
Solving our equation:
A = 6400(1 + (0.06 × 1)) = 6784
A = $6,784.00
The total amount accrued, principal plus interest, from simple interest on a principal of $6,400.00 at a rate of 6% per year for 1 year is $6,784.00.
Answer:
Area = 16 in²
Step-by-step explanation:
Represent the length with L and the width with W
We have the following given parameters:
L = 4W
Perimeter = 20
Required
Determine the area.
The perimeter is calculated as thus:
Perimeter = 2(L + W)
Substitute 4W for L and 20 for Perimeter.
20 = 2(4W + W)
20 = 2 * 5W
20 = 10W
Solve for W
W = 20/10
W = 2
Recall that:
L = 4W
L = 4 * 2
L = 8
The area is then calculated as thus:
Area = L * W
Area = 8 * 2
Area = 16
Hence, the area is 16in²