Answer:
The last investment (C) has the least interest of $600
The other two investments (A and B) have the <u>same</u> amount of interest of $1800.
Step-by-step explanation:
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned
- P = principal
- r = interest rate (in decimal form)
- t = time (in years)
<u>Investment A</u>
- P = $2000
- r = 10% = 0.1
- t = 9 years
Substitute the given values into the formula and solve for I:
⇒ I = 2000(0.1)(9)
⇒ I = $1800
<u>Investment B</u>
- P = $3000
- r = 3% = 0.03
- t = 20 years
Substitute the given values into the formula and solve for I:
⇒ I = 3000(0.03)(20)
⇒ I = $1800
<u>Investment C</u>
- P = $2000
- r = 10% = 0.1
- t = 3 years
Substitute the given values into the formula and solve for I:
⇒ I = 2000(0.1)(3)
⇒ I = $600
The last investment (C) has the least interest of $600.
The other two investments (A and B) have the <u>same</u> amount of interest of $1800.
Answer:
4:10 in simplest form 2:5
Step-by-step explanation:
hope this helps
It’s 3 keidiskdkkskskskkssiisisisisiis
Answer:
Dont know
Step-by-step explanation:
Sorryyyyyyyyyyyyyyyyyyyyy
Answer:
Step-by-step explanation:
win
There are 3 face cards / suit. Every suit contains a Jack, Queen, and king.
There are 4 suits so the number of face cards is 3*4 = 12
There is 1 ace / suit
There are 4 suits so the number of aces is 1 * 4 = 4
The gain from the face cards = 12 * 13 = 156
The gain from the aces = 4 * 3 = 12
Total gain = 168
Losses
Any other card costs you $5
How many cards is that? 52 - 16 = 36
Each one costs 5 dollars
Total loss = 5 * 36 = 180
So each time you play the game, you can expect to lose 180 - 68 = 12 dollars. You should walk away quickly from this one.
