Answer:
Option B.
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Five hundred thousand, six thousand, seven hundred and nien
*nine
You start by doing 65.20 (the bill) divided by 5 (the amount of people paying)
65.20 / 5 = 13.04
Then you add 13.04 (how much each person paid towards the bill) and 2.75 (the amount of money each person left as a tip)
13.04 + 2.75 = 15.79
Each person paid $15.79
Answer:
1: C. $3,474.38
2: B. $44.10
C: C. $570
Step-by-step explanation:
1.
4250 - (4250 x 0.25)
3187.50
3187.50 + (3187.50 x 0.09)
3474.375 which rounds up to
$3,474.38
2.
52 - (52 x 0.2)
41.6
41.6 + (41.6 x 0.06)
44.096 which rounds up to
44.10
3.
500 + (500 x 0.2)
600
600 - (600 x 0.05)
570