When someone lends money to someone else, the borrower usually pays a fee to the lender. This fee is called 'interest'. 'Simple' interest, or 'flat rate' interest. The amount of simple interest paid each year is a fixed percentage of the amount borrowed or lent at the start. <span>Interest = Principal × Rate × Time</span>
10 to the second power=100
74.75/100= .7475
Answer:
$29500
Step-by-step explanation:
We have been given that Tariq lives in Palm Beach, Florida, and purchased a house for $250,000. The amount of millage for property tax is 11.8%. We are asked to find the amount of property tax that Tariq paid.
To find the amount of property tax paid by Tariq, we need to calculate 11.8% of $250,000.
Therefore, Tariq paid an amount of $29500 in tax.
Answer:
-4 / 9
Step-by-step explanation:
n - 2 = 10n + 4/2
n - 10n = 4/2 + 2
-9n = 4/2 + 4/2 ( taking LCM of 4/2 and 2)
-9n = 8/2
-9n = 4
n = 4 / -9
therefore n = -4 /9 ( since the minus sign doesn't make a difference whether placed at numerator or denominator) .
Answer:
length: 5 yd
width: 4 yd
area: 20 yd^2
Step-by-step explanation:
1 yd = 3 ft
15 ft * (1 yd)/(3 ft) = 5 yd
12 ft * (1 yd)/(3 ft) = 4 yd
A = LW
A = 5 yd * 4 yd = 20 yd^2
