To earn $345.45 simple interest in 7 years, you have to invest $940.
<u>Step-by-step explanation:</u>
Step 1:
Given details are Simple Interest Rate (R) = 5.25%, Simple Interest (SI) = $345.45, Time (T) = 7 years
Step 2:
Use the above details to find principal using the formula for Simple Interest (SI) = PRT/100
⇒ 345.45 = (P × 5.25 × 7)/100
⇒ 34545 = 36.75 P
⇒ P = $940
Answer:
A=3
B=8
C=2
D=5
Step-by-step explanation:
hope this helps
Answer:
M=p-5n
Step-by-step explanation:
Here we are given that M+5n=p
We are asked to solve this equation for M. In order to do that we will follow these steps.
Subtracting 5n from both sides we get
M+5n-5n=p-5n
M=p-5n
Hence , now we have our M as dependent variable, whose value depends on the values of p and n. One or both of them can be independent variable/.
What is it? Can you comment the question?
Mixed number is a whole number and a fraction in the same number such as
2 2/3