Answer:
A and B are correct
Step-by-step explanation:
if x:y is 1:3 then x is 1 and y is 3
1/3 of 3 is 1 so A is correct
3/4(1+3) is 3 so B is correct
But
1/4 × 3 is not 1 so C is not correct
3/4 ×1 is not 3 so D isn't correct
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
C. 0.0031
6.2 divided by 2,000 = 0.0031
Answer:
lol fr
Step-by-step explanation:
