Answer:
<em>In one year he will pay about $32 in interest</em>
Step-by-step explanation:
<u>Simple Interest
</u>
Interest is calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=P.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Steve paid a down payment of $100 for a guitar that costs $500, therefore he stills owes P=$500-$100=$400. This is the principal amount that will be paid at an interest rate of 8% = 0.08. In t=1 year, he will pay in interest:
I = $400*0.08*1
I = $32.
In one year he will pay about $32 in interest
Answer:
B is corresponding with F
Step-by-step explanation:
Here's a diagram to help you
Answer:
You need to use the before change and after method.
To find what 25 is 50% of n set up a percent equation 25=.50*n then divide 25 by .50 and will get 50 so 25 is 50% of 50
Answer:
Area = 142.5 square inches
Step-by-step explanation:
So your shape is kind of a little house. The bottom part is a rectangle 9 × 9.5. The area of the rectangle is
Area = length×width
= 9 × 9.5
= 85.5
The "roof" of the little house is a triangle. The area of a triangle is 1/2×base×height
Now, the base of the "roof" is the same as the floor of the house, 9.5 inches.
The height of the whole thing is 21 inches. If we take away the rectangle's wall-height, we'll get the height of the "roof".
Roof height= 21 - 9
= 12 inches
Area_roof
=1/2 × base × height
=1/2 × 9.5 × 12
= 57 square inches
Total area is bottom plus roof (the rectangle and the triangle)
Total Area
= 85.5 + 57
= 142.5 sq in