Given Information:
Principle amount = P = $6,000
Interest rate = r = 4% = 0.04
Period in years = t = 5
Required Information:
How much interest will he earn in 5 years = ?
Answer:
Amount of interest = $1,299.92
Step-by-step explanation:
Using the formula given in the question,

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

The amount of interest earned is

Therefore, Quincy has earned $1,299.92 in terms of interest by investing $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.
For this case we must raise the equation according to the given statement.
Let the variable "x" be the unknown number.
So, three times the number is: 
If to that term is added "6" we have:

The sum of both terms is "12", then:

Thus, the equation is: 
Answer:

Answer:
2/3 > x
Step-by-step explanation:
0.5 > 0.75x
2/3 > x
Answer:
I get 20
Step-by-step explanation:
While there probably is some logical way to go about this I just did it in excel
screenshot below