Hello! The formula for simple interest is prt. That means you multiply the principal (initial amount) by the rate (simple interest percentage), by the amount of time (could be in months or years). So, the loan is $3,750 and the rate is 8.25% for 9 months. 9 months is 3/4 of the year, because there are 12 months in 1 year and 9/12 is 0.75. Let's multiply. 3,750 * 8.25% (0.0825) is 309.375 Now, multiply that number by 0.75 to get 232.03125 or 232.03 when rounded to the nearest hundredth (cent). The amount of simple interest is $232.03.
Answer:
The best way to show and explain direct proportional relationships is by graphing two sets of related quantities. If the relation is proportional, the graph will form a straight line that passes through the origin.
Answer: C. -2 1/8
Step-by-step explanation:
<em>-5 - 3 = -2</em>
<em>5/8 - 1/2 = 1/8</em>
<em>-2 1/8</em>