If your question is will he have enough money, the answer is no he will not.
You deposit some money into a bank account paying 8% simple interest per year. You received $500 in interest after 2 years. How much the deposit (principal) was?
Result
The principal was $3125.
Explanation
Find principal by using the formula I=P⋅i⋅t, where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.
In this example I = $500, i = 8% and t = 2 years, so
IPPP=P⋅i⋅t=Ii⋅t=5000.08⋅2=3125
Answer:
$64
Step-by-step explanation:
Add the 2 numbers
Hope this helps!
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~Courtney
The answer is 41
Because 90-49
Step-by-step explanation:
Given,
x = y - 3
Also,
6(y - 3) = 3y + 6
6y - 18 = 3y + 6
6y - 3y = 6 + 18
3y = 24
y = 24/3
y = 8
x = 8 - 3
x = 5
Therefore, the first number is 5 and the second number is 8.
