1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UkoKoshka [18]
3 years ago
8

Explain how to find simple interest

Mathematics
2 answers:
tiny-mole [99]3 years ago
8 0

Answer:

Step-by-step explanation:

1. Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

2.Simple interest benefits consumers who pay their loans on time or early each month.

3.Auto loans and short-term personal loans are usually simple interest loans.

mr_godi [17]3 years ago
7 0

Answer:

Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

Step-by-step explanation:

Principal x rate x time = interest.

$100 x .05 x 1 = $5 simple interest for one year.

$100 x .05 x 3 = $15 simple interest for three years.

You might be interested in
Alex, Bob, and Claudia split 126 cm wire evenly among themselves. They then proceeded to cut their pieces of wire into smaller,
Westkost [7]
<h3>Answer:</h3>
  • Bob
  • 18 cm
<h3>Step-by-step explanation:</h3>

If Alex cut his wire 18 times, he ended up with 19 equal pieces. He kept 7, so has 7/19 of his 1/3 of the wire.

Bob cut his wire 20 times, so ended up with 21 pieces, of which he kept 9. So he has 9/21 = 3/7 of his 1/3 of the wire.

Claudia kept 1/13 of her 1/3 of the wire, so has the smallest piece.

Bob kept (3/7)·(1/3)·126 cm = 18 cm.

Alex kept (7/19)·(1/3)·126 cm ≈ 15.47 cm.

Bob kept the longest part of the original wire.

3 0
3 years ago
What is the constant of proportionality between y and x in the graph​
VMariaS [17]

Answer:

y/x =2/3

Step-by-step explanation:

you just need see at one point. for example: (3, 2)

4 0
3 years ago
I suck at math lololol
Dima020 [189]

2 and 4

Step-by-step explanation:

This image shows an example on corresponding angles.

4 0
3 years ago
Read 2 more answers
11/12 - 3/4 in simplest form.
zlopas [31]

Answer: 1/6

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
The point (1, –5) is reflected across the y-axis. A coordinate plane. What are its new coordinates?
luda_lava [24]
<h3>Answer:  Choice C.   (-1, -5)</h3>

Explanation:

The reflection rule we use is

(x,y) \to (-x, y)

when we want to reflect over the y axis. The x coordinate flips from positive to negative, or vice versa, while the y coordinate stays the same.

Therefore, (1, -5) \to (-1, -5)

7 0
3 years ago
Read 2 more answers
Other questions:
  • EMERGENCY!!! SOMEONE HELP ASAP
    9·2 answers
  • What’s the answer please
    11·1 answer
  • Jane bought a party-length sandwich 52 inches long. She wants to cut it into three pieces so that the middle piece is 5 inches l
    7·1 answer
  • Please help will mark brainliest !!!! http://prntscr.com/meuiyw
    6·2 answers
  • Howard's pawn shop bought an antique clock at the wholesale price of $725. Howard marked up the price of the clock
    6·1 answer
  • A chef can bake 15 pies in one hour. What is the rate in pies per minute?
    14·1 answer
  • What is value of x?<br><br><br><br> Enter your answer in the box.<br><br> x =
    6·1 answer
  • Pipe A can fill a tank in 40 minutes, while pipe B takes 60 minutes to fill the same tank.
    10·1 answer
  • Alex wants to test the reliability of “lie detector tests,” or polygraph tests. He performs a polygraph test on a random sample
    6·1 answer
  • PLEASE HELP I NEED THIS FOR MY TEST OR MY MAMA beat me up:- Giant Eagle is selling a 12 pack of coke for $5.99. You can also get
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!