Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
Answer:
The rate is
cups per hour
Step-by-step explanation:
It took the faucet 1 1/2 hours equivalent 3/2 hours to fill 1/4 cup by leaking
We need to find the rate in terms of cups that can be filled by water in 1 hour.
Using unitary method:
it takes
for
cup
it will take 1 h for how many cups?

Hence, the rate is
cups per hour
Answer:
summary
Step-by-step explanation:
Answer:
Answer is -4.45: I owe $8.75. I have 4.3