Answer:
I=Prt, I=simple interest, P=principal (starting amount), r=interest as a decimal, t =number of times the interest is paid or "time"
For example the simple interest earned on a $1000 deposit earning 4% APR for ten years is:
I=1000(.04)10
I=$400.00
Step-by-step explanation:
Answer:
Step-by-step explanation:
Estimating a sum by rounding to get the best estimate is the goal of this lesson. Notice that we try to estimate. We don't need to have an exact answer!
Notice that for numbers with two digits, there can only be one estimate because you can only round to the tens place.
Estimate the following sums: 36 + 21, 74 + 15, and 85 + 24
36 + 21 = 40 + 20 = 60
74 + 15 = 70 + 20 = 90
Answer:
2+0.15x=3.20
Step-by-step explanation:
So you have the original or starting point $2 which b in y=Mx+b then it’s 0.15 per day but you don’t know how many days so you use x and she owed a total of 3.20
