Answer:
Simple Interest: A = P(1+rt)
Step-by-step explanation:
P: the principal, the amount invested
A: the new balance
t: the time
r: the rate, (in decimal form)
Ex1: If $1000 is invested now with a simple interest of 8% per year. Find the new amount after two years.
P = $1000, t = 2 years, r = 0.08.
A = 1000(1+0.08(2)) = 1000(1.16) = 1160
Answer:
-31+224=213
Step-by-step explanation:
the answer is false hopes this helps
Answer: 4.90 im not 100 percent sure
Step-by-step explanation:
To find the actual discount, multiply the discount rate by the original amount 'x'. To find the sale price, subtract the actual discount from the original amount 'x' and equate this to given sale price.