A = $2,861.60
I = A - P = $2,361.60
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 26.24%/100 = 0.2624 per year.
Solving our equation:
A = 500(1 + (0.2624 × 18)) = 2861.6
A = $2,861.60
The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 26.24% per year for 18 years is $2,861.60.
Answer:
I think the answer is b^2=8^2-4^2
Step-by-step explanation:
The equation is A^2+B^2=C^2
C^2-A^2=B^2
C^2-B^2=A^2
C is the hypotenuse. You know what a is and all you have to do is show the equation
Answer:Yes they are equivalent.
Step-by-step explanation:
3/4a + 8 - 1/4a - 2 1/2(a + 12)
Combine like terms Distributive property
2/4a+6 1/2a+6
2/4=1/2 (simplify)
1/2+6=1/2+6
So he needs to sell $2,000 in merchandise.
<h3>what is the total value of merchandise he needs to sell?</h3>
We can assume that we have a proportional relation:
y = k*x
Where y is the commission and x is what Norman sells, then:
$15 = k*$200
k = $200/$15 = 0.075
$37.50 = k*$500
k = $500/$37.50 = 0.075
Then the relation is:
y = 0.075*x
If he wants a commission of $150, then:
$150 = 0.075*x
$150/0.075 = x = $2,000
So he needs to sell $2,000 in merchandise.
If you want to learn more about proportional relationships:
brainly.com/question/12242745
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