Answer:
The loan was for 9 months only
Step-by-step explanation:
In this question, we are concerned with calculating the time taken for a loan om an interest to be paid back
To calculate this, we use the simple interest formula
Mathematically;
I = PRT/100
where P is the principal which is the amount borrowed and that is $500 according to the question
R is the rate which is 8% according to the question
Interest can be calculated by subtracting the principal from the amount paid back = 530-500 = 30$
We now plug these values into the equation
30 = (500 × 8× T)/100
100 × 30 = 4000T
T = 3000/4000
T = 0.75 (same as 0.75 × 12 months = 9 months)
Answer:poop
Step-by-step explanation:
poppo
<span>4(x+5) = 4x +5x
Simplify by distributing and combining like terms
</span>(4)(x)+(4)(5)=4x+5x
4x+20=4x+5x
4x+20=(4x+5x)
4x+20=9x
Subtract 9x from each side
4x+20−9x=9x−9x
5x+20=0
<span />
Subtract 20 from each side
−5x+20−20=0−20
−5x=−20
Divide each side by -5
-5x ÷ -5 = -20 ÷ -5
x = 4
P.S this was actually harder than most algebra problems, so don't beat yourself about it :D<span /><span /><span /><span /><span />
Answer:
Variable costing
Step-by-step explanation:
The term variable costing is a concept that is used in managerial accounting. Variable costing is a type of costing methodology that includes the variable manufacturing costs. When we say variable manufacturing costs, what we mean essentially is the cost of the inputs of production that are not fixed in price. For example, the machinery are assets and are primarily under the fixed cost. Things like labor cost may not be fixed and can even vary day to day. So therefore, we do not count things like that as variable.