Answer:
None of the above, it should be $4760
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 12%/100 = 0.12 per year,
then, solving our equation
I = 3500 × 0.12 × 3 = 1260
I = $ 1,260.00
The simple interest accumulated
on a principal of $ 3,500.00
at a rate of 12% per year
for 3 years is $ 1,260.00
Honestly I don’t remember how to do this but u can try .083 but don’t count on it
Answer:
simple 11
Step-by-step explanation:
Answer: See explanation
Step-by-step explanation:
a. The deposit
= 15% × $2975
= 15/100 × $2975
= 0.15 × $2975
= $446.25
b. The hire purchase price
Outstanding balance = $2975 - $446.25 = $2528.75
20% of outstanding balance
= 20% × $2528.75
= 0.2 × $2528.75
= $505.75
Hire purchase price
= $2975 + $505.75
= $3480.75
c. The difference the hire purchase price and cash price
= $3480.75 - $2975
= $505.75
d. The difference as a percentage of the cash price.
= ($505.75 / $2975) × 100
= 0.17 × 100
= 17%
Answer:
Explanation:
<u>1. Using the minimun number of sheets of paper in the interval [300, 400]</u>
a) Cost: $ 2.00 / 100 sheets
b) 300 sheets / day × $ 2.00 / 100 sheets = $ 6.00 / day
c) Approimately 20 school days per month:
- $ 6.00 / day × 20 day = $ 120.00
<u>2. Using the maximum number of sheets of paper in the interval [300, 400]</u>
a) Cost: $ 2.00 / 100 sheets
b) 400 sheets / day × $ 2.00 / 100 sheets = $ 8.00 / day
c) Approimately 20 school days per month:
- $8.00 / day × 20 day = $ 160.00
<u>3. Middle value:</u>
Calculate the middle value between $160.00 and $120.00
- [$120.00 + $160.00] / 2 = $140.00
Thus, the answer is the option A.