I = $ 1,200,000.00
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 1000000 × 0.03 × 40 = 1200000
I = $ 1,200,000.00
The simple interest accumulated
on a principal of $ 1,000,000.00
at a rate of 3% per year
for 40 years is $ 1,200,000.00.
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Hello!
✧･ﾟ: *✧･ﾟ:* *:･ﾟ✧*:･ﾟ✧
❖ You can write 0.8 as 8/10 and 80% as 80/100.
(8/10 and 8/100 are equivalent.)
~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡
~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ
Step-by-step explanation:
y -4x = -1
y = 4x -1
then y = Mx + b
m = 4
b = -1
The first x is the horizontal coodinate (abscisa) and second is the vertical coordinate (ordenate). Both are coordinates. (x,y) has the meaning of a complex number: x is the real part and y is the imaginary part: x+yi. (x,y) has the meaning of a plane's vector from origin of coordinates.
