Answer:
$675
$850
$1200
Step-by-step explanation:
Use formula for simple interest:
A = P (1+rt)
where
A = accrued amount (principal + interest) = what we want to find
P = Principal (initial) amount = Given as $500
r = rate of interest = Given as 7% = 0.07
t = time
For 5 years, t = 5
A = 500 [ 1 + 0.07(5) ] = $675
For 10 years, t = 10
A = 500 [ 1 + 0.07(10) ] = $850
For 20 years, t = 20
A = 500 [ 1 + 0.07(20) ] = $1200
Answer:
<$100 / greater than $100
Step-by-step explanation:
30,000/300=100
If you spent $100 per spin and won 1 out of 300 games, there would be no net gain.
If you spent anything more than $100, then you would lose more money than you gained if you won 1 out of 300 games.
Answer:
7/2
Step-by-step explanation:
17=x+x+10
17-10=2x
7=2x
x=7/2
a = (1+0.2)p
This equation is used to calculate the quantity of lemonade.
<u>Step-by-step explanation:</u>
Let the quality of lemonade in lans glass be 'a'
Quantity of lemonade in patricias glass = p ounces
Lan pours 20% more than Patricia
a = (1+0.2)p
This equation is used to calculate the quantity of lemonade
