I = $ 1,200,000.00
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 1000000 × 0.03 × 40 = 1200000
I = $ 1,200,000.00
The simple interest accumulated
on a principal of $ 1,000,000.00
at a rate of 3% per year
for 40 years is $ 1,200,000.00.
Answer: $30.44
Step-by-step explanation:
$30 20% of tht is 6
30-6=24
tax is 6.4% which is 1.94
24+1.94 which equals $25.94
tips is 15% 4.5 so we add that to $25.94
so total is $30.44
The correct answer is the second one, I already answered it.
Step-by-step explanation:
3/7y + 3/4x = 3/5
y = -3/4x.7/3 +3/5.7/3
y = -7/4x +7/5
so the slope is -7/4
18 x 40 = 720 per week.....720 x 4 = 2880 per month earnings
net pay = 0.72(2880) = 2073.60 <=== cash inflow.
how much he spends per month is his cash outflow.
