We need to use the formula for simple interest which is
I= prt
Where I is the amount of money you earned or pay in interest
p is the principal, the amount you deposited or borrowed
r is the interest rate expressed as a decimal
t is time in terms of years
In this problem, I= 1,680
p= 3000
t= 8
'. r is what we are looking for.
Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
Answer:
x = -4
Step-by-step explanation:
Step 1: Define
j(x) = 3x + 1
j(x) = -11
Step 2: Substitute and solve for <em>x</em>
-11 = 3x + 1
-12 = 3x
x = -4
Answer:
vertex form automatically gives you your vertex and your y intercept so all you need to do is graph. Hope this helps
Step-by-step explanation:
Answer:
a loss of 72.47
Step-by-step explanation:
I got this answer right on my test