Answer:
$130
Step-by-step explanation:
To find the tip you have to change the percent into a fraction first. Since percent is out of a 100, 25% is 25/100 or 1/4. Multiplying 1/4 by 520 you get 130, which is how much the coach will tip.
Answer:
x = 1/y
Step-by-step explanation:
Answer:
<em>Mrs. Adams will earn $3,120 of interest at the end of year 8.</em>
Step-by-step explanation:
<u>Simple Interest</u>
In simple interest, the money earns interest at a fixed rate, assuming no new money is coming in or out of the account.
We can calculate the interests earned by an investment of value A in a period of time t, at an interest rate r with the formula:
Mrs. Adams deposited an amount of A=$12,000 into an account that earns an annual simple interest rate of r=3.25%. We must find the interest earned in t=8 years. The interest rate is converted to decimal as:
The interest is then calculated:
Mrs. Adams will earn $3,120 of interest at the end of year 8.
Answer:
11m-3v
Step-by-step explanation: