Please do part b A=5 and B=4
2 answers:
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The simplest form of an interest equation is A = P(1+rt)
where A = the total amount of money at the end, P = the principal (or amount of money you started with), r = the rate in percent, and t = the time in years.
In this case, P = 15000, r = 0.03 (because 3% in decimal form is 0.03), and t = 1:
So, after 1 year he will get $15450 back, making him $450 more.
where A = the total amount of money at the end, P = the principal (or amount of money you started with), r = the rate in percent, and t = the time in years.
In this case, P = 15000, r = 0.03 (because 3% in decimal form is 0.03), and t = 1:
So, after 1 year he will get $15450 back, making him $450 more.
Answer:
She made a mistake in Step 7.
Step-by-step explanation:
Step 1 through 6 are correct. Only from Step 6 to Step 7 the problem comes in: both sides of the equation are multiplied by x, however the x on the left side, by error, becomes 1. The correct state in Step 7 should look like this: