We need to use the formula for simple interest which is
I= prt
Where I is the amount of money you earned or pay in interest
p is the principal, the amount you deposited or borrowed
r is the interest rate expressed as a decimal
t is time in terms of years
In this problem, I= 1,680
p= 3000
t= 8
'. r is what we are looking for.
Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
<span>2500(1.03)^5 that's the equation .
which means it would be 2,898.18</span>
Answer:
Hi! The nswer to your question is m = 1
Step-by-step explanation:
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Answer:
{x,y,z} = {-22/13,29/13,6/13}
Answer:
Answers in the pics
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask me in the comments below ;)