Answer:
By calculating the profit that will keep the business going
Answer:
your picture has 2 main points
Step-by-step explanation:
What following are you choosing from
T = 6 years
Equation:
t = (1/r)(A/P - 1)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 7.5%/100 = 0.075 per year,
then, solving our equation
t = (1/0.075)((725/500) - 1) = 6
t = 6 years
The time required to get
a total amount, principal plus interest, of $ 725.00
from simple interest on a principal of $ 500.00
at an interest rate of 7.5% per year
is 6 years.
Answer:
2.77083333333
Step-by-step explanation:
I assume. Do not hold me account for mistakes, I apologize if my work is incorrect. Have a good day/night :}
