Y=1/3x+2 :))))))))))))))))))))))))
You deposit some money into a bank account paying 8% simple interest per year. You received $500 in interest after 2 years. How much the deposit (principal) was?
Result
The principal was $3125.
Explanation
Find principal by using the formula I=P⋅i⋅t, where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.
In this example I = $500, i = 8% and t = 2 years, so
IPPP=P⋅i⋅t=Ii⋅t=5000.08⋅2=3125
Answer:
A. 288
Step-by-step explanation:
EDG 2021
Answer:
$49.18
Step-by-step explanation:
Dinner cost $38.95 before tax and tip are included.
Directions say to ADD 7% tip first so,
38.95 multiplied by 7%= 2.7265, Round up to $2.73
ADD $38.95 and $2.73 tax= $41.68
Now, multiply $41.68 by 18% to find the tip amount
$41.68 * 18%= 7.5024, Round to $7.50
ADD $41.68 and $7.50 to get answer: $49.18