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tresset_1 [31]
3 years ago
5

Is it 0029% or 29% I need help

Mathematics
2 answers:
Alex777 [14]3 years ago
5 0

Answer:

Its 0.29% so your 2nd Answer is correct

ELEN [110]3 years ago
4 0

Think of a percentage as - over 100. If you're choosing between those two answers then its 0029%. Or, 0.0029% would be the better answer since it doesn't really change if you're still comparing it till 100.

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namely, how many times does 3/4 go into 3½?  Let's firstly convert the mixed fraction to improper fraction.

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Debora [2.8K]

Answer:

#a. $80

#b. $1680

Step-by-step explanation:

We are given;

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  • Rate of interest is 5%
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We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.

#a. Interest earned

To calculate simple interest we use the formula;

I = (PRT) ÷ 100

Where, P is the principal, R is the rate, T is the time and I is the simple interest.

Therefore;

I = (1600 × 5 × 1) ÷ 100

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Therefore, simple interest earned is $80

#b. Balance of the account (Amount accrued)

We are going to use the formula;

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Therefore;

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Thus, the account balance after 1 year will be $1680

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Answer:

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