Answer:
$126
Step-by-step explanation:
Given that:
Investment is done as per Simple interest.
Principal = $3000
Time for which the investment is to done = 7 years
Rate of interest = 6%
To find:
Interest earned when the investment matures?
Solution:
Formula for Simple Interest :

Where
is the principal amount
is the Rate of Interest
is the time for which the investment is made
Putting the given values:

Therefore, the answer is:
Interest earned is <em>$126</em>.
Answer:
a=15
Step-by-step explanation:
Solve for a by simplifying both sides of the equation, then isolating the variable.
Answer:
300x = 435, given x represents the amount of months.
So 435 divided by 300 is 1.45 months for that amount.
Step-by-step explanation:
<span>The correct answer for this question is that Alice Correa will have spent $6.07 on the cloth overall. This can be worked out through first considering what 5% of the original price will be, so $5.79 / 100 = 0.0579 x 5 = $0.28, so $5.79 + $0.28 = $6.07</span>