Answer:
interest paid or computed on the original principal only of a loan or on the amount of an account.
Step-by-step explanation:
Answer: The future value of the investment after 2 years is $807.8
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal or amount invested.
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 2 years
P = $700
R = 7.7%
Therefore
I = (700 × 7.7 × 2)/100
I = 10780/100
I = 107.8
The total amount in the account after 2 years would be
700 + 107.8 = $807.8
Answer:
2.88 minutes
Step-by-step explanation:
Solution can be found in attachment.
both (0,350) and (250,700) fall in the shaded are
and check:
350 *3 = 1050, which is more than 1000 and more than double the amount of hotdogs ( 0)
700 *3 = 2100, so over 1000 and more than double the amount of hotdogs(250*2=500)
so those 2 are correct
