Answer:
I = $ 1,937.50
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3.875%/100 = 0.03875 per year,
then, solving our equation
I = 10000 × 0.03875 × 5 = 1937.5
I = $ 1,937.50
The simple interest accumulated
on a principal of $ 10,000.00
at a rate of 3.875% per year
for 5 years is $ 1,937.50.
Step-by-step explanation:
please mark brainliest:)
62.5% of 8 is 5 so it's b
Answer:
Step-by-step explanation:
- <em>Percent change is the difference in numbers divided by initial number converted to percent value.</em>
<u>Percent increase:</u>
<u>Percent decrease:</u>
- (70 - 50)/70*100% = 28.57%
<u>Compare:</u>
Answer:
the answer is 56.00 dollars
Step-by-step explanation:
I did this
