Answer:
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 8 months = 8/12 = 2/3 years
P = $3000
R = 9.3%
Therefore
I = (3000 × 9.3 × 2/3)/100
I = 18600/100
I = $186
The maturity value (in dollars) of this loan would be
3000 + 186 = $3186
The midpoint is 15 hope i helped
Answer:
19/25
Step-by-step explanation:
Convert the two fractions into decimals by dividing the numerator by the denominator. 19/25 = 0.76 and 5/20 = 0.25
Now you have: 0.76, 0,680, 0.33 and 0.25.
0.76 is the greatest rational number because it is closest to 1.0, making 19/25 the correct answer.
Answer:
5/7=W/28
Step-by-step explanation:
They won 5 out of 7 played games so that's their win rate. If the same team continued to do this for 28 games then they would win 20 times.
You can do 2 1/2 minus 1 1/8 to get 1 3/8. Your welcome and I hope you get a good grade
