The formula for simple annual interest is:
I = Prt
where,
I = Interest accumulated = $910.90
P = Principal Amount = $62000
r = Interest rate = 9.4% = 0.094
t = time in years
Using the values in above equation, we get:
910.90 = 62000 x 0.094 x t
⇒ t = 910.90/(62000 x 0.094) = 0.156
This is the time in years. Since there are 365 days in a year, the time in days will be:
t = 0.156 x 365 = 57 (rounded to nearest day)
This means, Nate kept the borrowed money for 57 days
The answer to this question is 15
Answer:
<h3>Find the explanation below</h3>
Step-by-step explanation:
A) Given the equation z - 5 = 2
To get the solution, we will add 5 to both sides and find z as shown;
z - 5 = 2
z - 5 + 5 = 2 + 5
z + 0 = 2+5
z = 7
Hence z = 5 is not the solution of the equation but z = 7
B) Given the inequality expression t+2>5
Substract 2 from both sides of the equation;
t+2 - 2>5 - 2
t + 0> 3
t>3
Hence the solution t = 4 is not true for the expression. The solution is t > 3
C) Given the expression x-2=2, to get the solution to the expression, you will add 2 to both sides of the equation;
x - 2+ 2 = 2 + 2
x + 0 = 4
x = 4
Therefore x = 4 is the solution of this equation.
Based on the question, only Option C is correct
