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anastassius [24]
2 years ago
14

What is the formula for Simple Interest? ...What does each letter mean?

Mathematics
1 answer:
ella [17]2 years ago
6 0

Step-by-step explanation:

  • Simple Interest Formula
  • P = Principal Amount. I = Interest Amount. r = Rate of Interest per year in decimal; r = R/100. R = Rate of Interest per year as a percent; R = r * 100.
  • Simple interest is an application of percentage. Understanding the concept of simple interest is not only important for you to know how to solve problems in class, but also is a fundamental skill to help you manage your finances. With the basic knowledge on how the concepts work, you get empowered to make good financial decisions. In this article, we are going to learn how to calculate simple interest and the knowledge to solve real life problems. Let’s first start by defining the terms involved in simple interest.
  • The principal amount (P)
  • The principal is the money borrowed or initial amount of money deposited in a bank. The principal is denoted by a capital letter “P.”
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Can u simplify 1.3 + (-6) + (-4.25) =
olga_2 [115]

Answer:

-8.95

Step-by-step explanation:

(-6) + (-4.25) = -10.25

-10.25 + 1.3 = -8.95

4 0
3 years ago
Read 2 more answers
I need answer Immediately pls!!!!!!
Illusion [34]

Given:

Total number of students = 27

Students who play basketball = 7

Student who play baseball = 18

Students who play neither sports = 7

To find:

The probability the student chosen at randomly from the class plays both basketball and base ball.

Solution:

Let the following events,

A : Student plays basketball

B : Student plays baseball

U : Union set or all students.

Then according to given information,

n(U)=27

n(A)=7

n(B)=18

n(A'\cap B')=7

We know that,

n(A\cup B)=n(U)-n(A'\cap B')

n(A\cup B)=27-7

n(A\cup B)=20

Now,

n(A\cup B)=n(A)+n(B)-n(A\cap B)

20=7+18-n(A\cap B)

n(A\cap B)=7+18-20

n(A\cap B)=25-20

n(A\cap B)=5

It means, the number of students who play both sports is 5.

The probability the student chosen at randomly from the class plays both basketball and base ball is

\text{Probability}=\dfrac{\text{Number of students who play both sports}}{\text{Total number of students}}

\text{Probability}=\dfrac{5}{27}

Therefore, the required probability is \dfrac{5}{27}.

3 0
2 years ago
2 liters of cocoa. 5 friends and 315 Millilters, how much cocoa is left?
hram777 [196]
None? Idk if that is the correct answer or not because I don’t feel like doing it
8 0
3 years ago
How do you write 90,523 in word form
zmey [24]

nindy thousand five hundred and twenty three. Hope this helps!

4 0
3 years ago
Read 2 more answers
I have been stuck on this forever. Please help me
il63 [147K]
2a. speed= distance
---------------
time

60÷69 = 52.1739 miles per hour.



so for the next one with the airplane flies 296 km in 276 min is the same formula.
296/276 = 39.9839 mph.

I couldn't see the first question clear...sorry but apply same formula.
Hoping this will help you
5 0
3 years ago
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