Answer:
We conclude that the interest rate required to accumulate simple interest of $3,000 from a principal of $ 6,000.00 over 2 years is 25% per year.
Step-by-step explanation:
Given
Principle P = 6000
Time period t = 2 years
Interest I = 3000
To determine
Interest rate r = ?
Using the formula
I = Prt
r = I / Pt
substituting P = 6000 , t = 2, and I = 3000
r = 3000 / ( 6000 × 2 )
r = 3000 / 12000
r = 0.25
convering the decimal into percentage: 0.25×100 = 25%
r = 25%
Therefore, we conclude that the interest rate required to accumulate simple interest of $3,000 from a principal of $ 6,000.00 over 2 years is 25% per year.
This is what i got im not sure which function is the one increasing and decreasing ignore the problems on the paper i use it as scratch paper since i dont need it
Answer:
each pair of socks cost $2.49
Step-by-step explanation:
Eric spent $22.00, including sales tax on 2 jerseys and 3 pairs of socks. The jerseys cost $6.75 each and the total sales tax was $1.03. How much did each pair of socks cost?
Solution:
The total money spent was $22.00. 2 jerseys costing $6.75 each was bought, the total tax was $1.03. 3 pairs of socks was bought, Let S represent the cost for each pair of socks. The total money spent is the sum of the money spent on jersey, socks and tax. Hence:
2(6.75) + 3S + 1.03 = 22
13.5 + 3S + 1.03 = 22
14.53 + 3S = 22
3S = 22 - 14.53
3S = 7.47
S = 2.49
Hence each pair of socks cost $2.49
Answer:
Step-by-step explanation:
Area of square=L^2
A=4cm ×4cm
A=16cm^2
Answer:
26
Step-by-step explanation:
f(x)=x^2+5x g(x)=5‒x
f(3)=3^2+5(3) g(3)=5‒3
f(3)=9+15 g(3)=2
f(3)=24
f(3)+g(3)=24+2
=26
i think it is easy to understand &i hope it helps you
