Simple interest is where 3% of the original value is added on each year
goal number = $102
original number = $680
3% of $680 can be found by getting 1% and multiplying by 3
100% = original number = $680
100% / 100 = 1% so $680 / 100 = $6.80 = 1%
3% = $6.80 * 3 = $20.40
so each year the money rises by $20.40
to find out how many years it would take to get to $102:
$102 / $20.40 = 5 years
Answer:
b =
Step-by-step explanation:
35b = 7
Divide both sides by 35.
Reduce the fraction to the lowest terms by extracting and canceling out 7.
Hope it helps and have a great day! =D
~sunshine~
Answer:
$53.3
Step-by-step explanation:
40 + 10.5 + (7% of 40)
50.5 + (7/100 × 40)
50.5 + 2.8
53.3
Answer:
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