Bank balance after 15 years is $950
Step-by-step explanation:
- Step 1: Find the simple interest on the principal amount using the formula SI = PRT/100 where Principal (P) = $500, Rate of Interest (R) = 6% and Time(T) = 15 years
⇒ SI = 500 × 6 × 15/100 = $450
- Step 2: Find total amount using the formula Amount = P + SI
⇒ Amount = 500 + 450 = $950
Answer:
0.2 = y
Step-by-step explanation: You have to isolate y
<u> 7 = 35y</u>
35 35
0.2 = y
RECHECK:
7 = 35y
7 = 35(0.2)
7 = 7
YES, this is a true statement.
Hope this helps you!!! :)
90% out of 105% which would be 0.85
Answer:
3 1/6. Hope this helps :)
