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3 years ago

The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater.

1 answer:

4 0

Interest rate = 7%

I= PRT where I is the interest earned, p is the principal, r is rate as a decimal, and t is time in years.

A - P will give us the interest earned.

12,150 - 9,000 = 3,150

3150 = (9000)(r)(5)
3150 = 45,000r
r = 0.07
r = 7%

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The total for shipping charges for the 8 full boxes was $54.75 more than the total for shipping charges for the partially filled

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Answer:

Step-by-step explanation:

536 because it is correct

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3 years ago

Geometry question need help finding the answer.

Xelga [282]

Answer: 1208.96

Step-by-step explanation:

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1 year ago

Let x1 = 12, y1 = 15, and y2 = 3. Let y vary inversely with x. Find x2.

vladimir1956 [14]

Answer:

x2 = 60

Step-by-step explanation:

If the variables x and y are inversely proportional, the product x * y is a constant.

So using x1 and y1 we can find the value of this constant:

$x1 * y1 = k$

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$k = 180$

Now, we can use the same constant to find x2:

$x2 * y2 = k$

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So the value of x2 is 60.

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3 years ago

CHALLENGE PROBLEM Danny's Department Store advertises savings of

Oksanka [162]

Discount are used to reduce the costs of items

The percent paid to determine the advertisement is incorrect

<h3>How to determine the correct percentage</h3>

The initial prices are given as: $44.00 to $152.00

And the discount is: 45% to 51%

At a discount of 45%, the price of the items would be:

$Price = \$44.00 * (1 - 45\%)$

$Price = \$24.2$

$Price_2 = \$152.00 * (1 - 45\%)$

$Price_2 = \$83.6$

At a discount of 51%, the price of the items would be:

$Price = \$44.00 * (1 - 51\%)$

$Price = \$21.56$

$Price_2 = \$152.00 * (1 - 51\%)$

$Price_2 = \$74.48$

The calculates prices show that the percent paid to determine the advertisement is incorrect