Answer:
Total amount in Joe's savings account T = $448
Step-by-step explanation:
Given;
time t = 3 years
Annual rate r = 4%
Principal P = $400
Simple interest can be expressed as;
I = Prt/100
Substituting the given values;
I =400×4×3/100 = 4800/100
I = $48
Total amount in account T;
T = P + I = $400 + $48 = $448
Answer:
$10.50
Step-by-step explanation:
The formula is Balance= Principle (starting amount) x Time x Interest rate. 350 x .03 x 1 is $10.50.
Answer:
36 in
Step-by-step explanation:
The ratio of proportionality between the two similar triangles is 1:6, which you can find by dividing the corresponding side length measures from each triangle (3/18 = 4/24). Then you can set up a proportion:
1/6 = 6/x, which you can solve to get x = 36
