Answer:
c
Step-by-step explanation:
Answer:
Step-by-step explanation:
convert 1 day into hours
1 day=24 hour
2/24
=1/12
Answer:
$19,260
Step-by-step explanation:
6,000 * 7% = 420
6,000 + 420 = 6,420
6,420 * 3 = 19,260
easy
Answer:
$16
Step-by-step explanation:
Simple interest is based on the principal amount of a loan or deposit, whereas compound interest is based on the principal amount and the interest that accumulates on it in every period.
Simple Interest = P x r x n
where P = Principal amount, r = Annual interest rate, n = Term of loan, in years
2% = 2 ÷ 100 = 0.02 so r = 0.02
Therefore,
Simple Interest = 400 x 0.02 x 2 = 16
So she will be paid $16 in the first two years.
Answer:
B, C
Step-by-step explanation:
graph the following lines with negative slopes and compare:
y = -x + 1
y = -20x + 2