Answer:
$1950
Step-by-step explanation:
Simple interest amount payable is given by
A=P(1+rt) where p is principal amount, A is final amount paid, t is time and r is rate of interest. For the first case
A=15000(1+0.03*4)=$16800
For second case
A=15000(1+0.05*5)=$18750
Difference will be 18750-16800=$1950
Answer:
70
Step-by-step explanation:
Do a proportion
8/100= x/70
Cross multiply and divide
70 x 8= 560
560 divided by 100= 5.6
Answer is 5.6
You also could have done .08 x 70 which is also 5.6
6x = 16 +14
6x = 30
30 / 6 =5
x= 5
