184.19 cm²
IF I WAS CORRECT PLEASE THANK ME. =)
Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
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Answer:
$5.08
Step-by-step explanation:
Step one:
given data
We are told that a credit card company applies a 6% fee on all transactions under $10
since the cost of coffee bellow $10 that is $4.80, the 6% fee is applicable
so
=6% of 4.80
=6/100*4.80
=0.06*4.8
=$0.288
Step two:
the total fee will be
=0.288+4.80
= $5.08
