It takes 4 years for a principal of $25,000 at a simple interest rate of 5% to become 30,000
<em><u>Solution:</u></em>
Given that:
principal = $ 25000
rate of interest = 5 %
Total amount = $ 30000
Number of years = ?
Formula used:
Total amount = principal + Simple interest
30000 = 25000 + Simple interest
Simple interest = 30000 - 25000
Simple Interest = $ 5000
<em><u>The simple interest is given as:</u></em>
Where, "p" is the principal
"n" is the number of years
"r" is the rate of interest
Substituting the values in formula, we get
Thus it takes 4 years for a principal of $25,000 at a simple interest rate of 5% to become 30,000
Answer:
the answer is about 62
Step-by-step explanation:
Answer:
The surface area is 
Step-by-step explanation:
see the attached figure to better understand the problem
we know that
The surface area of a triangular prism is equal to
where
B is the area of the triangular base
P is the perimeter of the triangular face
H is the height of the prism
<em>Find the area of the base B</em>
<em>Find the perimeter of the base P</em>
we have
substitute the values
The surface area is
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.
