Answer:
$126
Step-by-step explanation:
Given that:
Investment is done as per Simple interest.
Principal = $3000
Time for which the investment is to done = 7 years
Rate of interest = 6%
To find:
Interest earned when the investment matures?
Solution:
Formula for Simple Interest :
Where 
is the principal amount
is the Rate of Interest
is the time for which the investment is made
Putting the given values:
Therefore, the answer is:
Interest earned is <em>$126</em>.
Answer:
they have lower interest rates and can be paid back with a lower out of pocket cost
Step-by-step explanation:
Student loans are issued as a kind of financial aid that assist students in their quest to acquire higher education. Private student loans are offered by the private-sector lenders. The alternative to this is a Federal loan.
Actually, private student loans are issued at a lower interest rate. Option of a fixed or variable interest rate may be offered on privately issued student loans. This offers a lower out of pocket cost, hence the answer.
You need more information. How much is each sandwich? You could give that value a variable too. In that case p=price of sandwich so earnings=px
Answer:
1:2 all you have to do is simplify
(Exponential decay) hope it helps:)
