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Soloha48 [4]
2 years ago
12

$300 at 0.7% interest for 8 years What is the interest? What is the new balance?

Mathematics
2 answers:
Murrr4er [49]2 years ago
7 0
Interest would be $17.21 :)
Ivanshal [37]2 years ago
4 0
At the end of 8 years, your savings will have grown to $317.
You will have earned in $17.21 in interest.
i hope this helped!
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Short answer: 375 grams

Remark
You only need to set up a direct proportion

Givens
flour for 12 cakes = 150 grams
Number of cakes initially = 12
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Proportion
amount flour for 12 cakes / 12 cakes  = x / 30

Sub and solve
150 grams / 12 cakes = x / 30 cakes  Cross multiply
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4500 = 12 x                                         Divide both sides by 12
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375 grams for 30 cakes. <<<<< Answer
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