$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)
r = 6.5% = 6.5/100 = 0.065
We'll use the decimal form of the interest rate as it is most common for financial math problems.
P = 20,000 is the amount deposited
t = 1 year is the amount of time
We will plug those values into the formula
i = P*r*t
to get the following:
i = P*r*t
i = 20000*0.065*1
i = 1300
So Mark earns $1,300 in simple interest each year.
Answer:
To solve for x the equation would be. (120 - 48) ÷ 2 = X
Step-by-step explanation:
This is because to follow pemdas you do the parenthesis first so you subtract both of the shorter sides. Next since there are two longer sides you divide by two to get the answer. Each longer side is equal to 36 inches.
Hope this helps
Answer:
262.96 Dollars is for interest
271.91 Dollars is the monthly charged price monthly with the interest included
3262.96 Dollars is the total cost with APR
Answer:
$4.81
Step-by-step explanation:
The given details follow the product rule. The different model of the car available are 756.
Given that:
The different possibility is calculated using the following product rule:
So, we have:
Hence, there are 756 different models available.
Read more about product rules at:
brainly.com/question/3944602
