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tankabanditka [31]

3 years ago

6

David rides the bus every day. He bought a pass good for the month of October for $62. How much was David charged per day for th

e bus pass?

1 answer:

musickatia [10]3 years ago

6 0

Answer:

$2

Step-by-step explanation:

Since there are 31 days in October you divide $62 by 31 and you get $2 as your answer.

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Dvinal [7]

Answer:

$I=\$525$

Step-by-step explanation:

we know that

The simple interest formula is equal to

$I=P(rt)$

where

I is the Final Interest Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=6\ years\\ P=\$2,500\\r=3.5\%=3.5/100=0.035$

substitute in the formula above

$I=\$2,500(0.035*6)$

$I=\$525$

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