Answer:
<em>The simple interest is $11,212.5 and the equation to determine Josh's simple interest is I = PRT/100</em>
Step-by-step explanation:
The formula for calculating simple interest is expressed as;
SI = Principal * rate * time/100
SI = 50,000 * 6.9*39/100*12
SI = 500*6.9*39/12
SI = 134,550/12
SI = 11,212.5
<em>Hence the simple interest is $11,212.5 and the equation to determine Josh's simple interest is I = PRT/100</em>
P is the amount borrowed
R is the interest rate
T is the time in years
Answer:
$120
Step-by-step explanation:
930-570=360 (Price difference in 3 years)
360 divided by 3= 120 (Price difference for each of the 3 years)
Answer: -5
First, coordinates are (x, y). You’re x is 3, so all you need to do it plug in x into your algebraic equation to find y. Then just plug both into (x, y) and you have your coordinates.
y=-2(3)+1
y=-6+1
y=-5
