Answer:
5.5%
Step-by-step explanation:
To solve this problem we can use a modified version of the simple interest formula which is shown below:
<em>I = interest amount</em>
<em>P = principal amount</em>
<em>t = time (years)</em>
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The first step is to find the interest gained from the investment.
Next, plug in the values into the equation:
Multiply the bottom values
Divide the values
The last step is to convert 0.055 into a percent:
The interest rate is 5.5%
Answer:
(A)
(B)
(C)
Step-by-step explanation:
The manager ordered 10 lb of tomatoes, 20 lb of zucchini, and 40 lb of onions from a local farmer one week.
(A)
Matrix <em>A</em> represents the amount of each item ordered. It is 1 × 3 matrix.
Then matrix <em>A</em> is:
(B)
Next week the manager increases the order of all the products by 10%.
Then the amount of new orders are:
Tomatoes
Zucchini
Onions
Th matrix <em>B</em> represents the amount of each order for the next week. Then matrix <em>B</em> is:
(C)
Add the two matrix <em>A</em> and <em>B</em> as follows:
The entries of the matrix (<em>A</em> + <em>B</em>) represent the amount of tomatoes, zucchini and onions ordered for two weeks.