Answer:
103.32
Step-by-step explanation:
May way to answer a question like this
84(1+23/100)
Lets break it down:
Step 1. 23/100=0.23
Step2. 0.23+1=1.23
Step3. 1.23 x 84=103.32
I hope this helps You
Total Cost = 250 + 60x is the equation that models the given situation
<em><u>Solution:</u></em>
Given that, Linda's start up cost for her online jewelery store was $250
She has to pay an additional $60 per month to keep it running
To find: Equation that models this situation
From given,
Start up cost = $ 250
Let "x" be the number of months she keeps the store running
Additional pay per month = $ 60
Thus, the total cost Linda spend to keep the store running is given as:
Total Cost = Startup cost + (Additional pay per month)(number of months)
Thus the equation that models the given situation is found
90
55.8 /? = 62/100
55.8 x 100= 62 x ?
5580=62 x ?
5580/62 = ?
?=90
If you divide 21/49 by 7 you get 3/7
Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680