Answer:
Step-by-step explanation:
First you have to subtract 59$ from 61.36 which will give you 2.36.Then you have to multiply 0.02 to 59 which equals 1.18.Then you multiply 0.04 by 59 which will give you the answer.Hope this helps!!!Your answer should be 0.04!!!Please Mark brainliest!!!!!
T = 6 years
Equation:
t = (1/r)(A/P - 1)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 7.5%/100 = 0.075 per year,
then, solving our equation
t = (1/0.075)((725/500) - 1) = 6
t = 6 years
The time required to get
a total amount, principal plus interest, of $ 725.00
from simple interest on a principal of $ 500.00
at an interest rate of 7.5% per year
is 6 years.
Answer:
3*104=312
15*108=1620
1620/312=5.19230769 OR 5.19 OR 5.1 OR 5
