Answer:
Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.
Step-by-step explanation:
Principal x rate x time = interest.
$100 x .05 x 1 = $5 simple interest for one year.
$100 x .05 x 3 = $15 simple interest for three years.
Answer:
b
Step-by-step explanation:
Answer:
it would be 6
Step-by-step explanation:
Answer: 30 increments
Step-by-step explanation: 150 divided by 5 is equal to 30. If she is buying in 5 foot increments she will need 30 five foot increments to have enough.
