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Answer:
$5225
Step-by-step explanation:
Use the formula for the amount after simple interest:
"A" is the final amount, or balance.
"P" is the principal, or the starting amount.
"r" is the rate of interest in decimal form.
"t" is the time.
What we know:
P = 5000
t = 3
r = 1.5%
Convert the rate to decimal form by dividing by 100, or moving the decimal place two places to the left.
1.5% => 0.015 = r
Substitute what we know into the formula:
A = P(1 + rt)
A = 5000(1 + (0.015)(3)) <=simplify
A = 5000(1 + 0.045)
A = 5000(1.045)
A = 5225 <= new balance
The new balance of an account is $5225.
In unit of batches over days, let r be the planned rate and R be the actual increased rate. The difference between R and r is described as 10 shirts per day.
R-r=10
Rate Time Batches
Planned r 8 1
Actual R 7 1
, the number of batches equivalent to 10 shirts.
OneBatch=560*Shirts
Hope This Helps!!!