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UkoKoshka [18]
2 years ago
8

Explain how to find simple interest

Mathematics
2 answers:
tiny-mole [99]2 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]2 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.

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2 years ago
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3 0
2 years ago
A discount voucher offering 15% off is used to pay a bill. After using the voucher, the bill is reduced to £36.72.
Elena-2011 [213]

We can use the is/of=p/100 method for this problem. Since it's 15% off, this would mean that the bill is 85% of what it was initially. Plug the values into the is/of=p/100 formula.

36.72/x = 85/100

Solve  for x.

x=36.72/0.85

x=43.2

So, the bill was $43.20 before applying the voucher discount of 15% off.

3 0
3 years ago
Read 2 more answers
1) Simplify into Standard Form.<br> 2(x – 3)^2 – 1 help !
loris [4]
2x^2 - 12x + 17

you just simplify it by doing the square number to the bracket and then multiply everything in the bracket by the number outside the bracket (this example 2)
6 0
2 years ago
Ryan isn’t riding his bike he bikes a distance of12 miles at a rate of4 miles per hour rearrange the distance formula d=rt to ao
Dmitriy789 [7]

Answer:

 180 minutes

Step-by-step explanation:

Starting with the distance formula ...

 d = rt

dividing by the coefficient of t will give an equation for t:

 t = d/r

Ryan's rate of 4 miles per hour can be expressed in minutes as 4 miles per 60 minutes. The Ryan's time is ...

 t = (12 mi)/(4 mi/60 min) = 12·60/4 min = 180 min

Ryan's time is 180 minutes.

Step-by-step explanation:

3 0
3 years ago
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