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3 years ago

Complete the table. Original Price Percent of Discount Sale Price $80 20% $

Mathematics

1 answer:

Svetach [21]3 years ago

3 0

Answer:

$64

Step-by-step explanation:

80x.20=16

80-16=64

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Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate. How much was Hannah’s investment? $4800 $30

Nonamiya [84]

Simple interest calculates interest on initial amount only. The investment by Hannah was : Option A: $4800

<h3>How to calculate simple interest amount if rate of interest is R% annually?</h3>

Suppose that the initial amount of investment is P

And the rate of simple interest is R% annually,

And the time of investment is T years.

Then, the amount of simple interest is calculated as:

$I = \dfrac{P \times R \times T}{100}$

For the given case, let the initial investment Hannah made was of $P

Then, the time of investment is T = 8 years, R% = 4%, and given that Hannah earned interest I = $1536

Putting values in the above formula, we get;

$I = \dfrac{P \times R \times T}{100}\\\\1536 = \dfrac{P \times 8 \times 4}{100}\\\\P = \dfrac{153600}{32} = 4800$

Thus,

The investment by Hannah was : Option A: $4800

Learn more about simple interest here:

brainly.com/question/5319581

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