What IS 23443x/3.14159
2 answers:
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Answer:
You should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
Step-by-step explanation:
Using the formula
where
I = Interest earned
P = The principal (let say in $)
r = The Interest Rate
t = time
Given that
- I = $100
- r = 5%
- t = 12 month = 1 year
- P = The principal amount needed to invest (let say in $)
Thus,
100 = P × 5% × 1
100 = P × 5/100 × 1
100 × 100 = P × 5
10000 = P × 5
P = 10000/5
= 2000 (let say in $)
Thus, you should invest $2000 at 5% simple interest in order to earn $100 interest in 12 months.
Answer:
2 times
Step-by-step explanation:
Mai biked miles today and Noah biked
miles today.
We are asked how many times the length of Noah's bike ride was Mai's bike ride.
Therefore, the length of Mai's bike ride was times the length of Noah's bike ride.
Therefore, we will take option B will be correct. ( Answer )