The Principal is the amount you deposit at the start, so P= $500
The rate is 7%, as you will be earning 7% extra yearly in simple interest.
As a decimal, the rate is 0.07 - 7 PER CENT literally means per 100, so 7/100 is 0.07. However, when actually figuring out the simple interest, you have to add 1 to 0.07 because you are earning 7% ON TOP OF your original amount.
The time is 10, as you are leaving the money in the account for 10 years, and time is measured in the given unit
Now, let's plug in this information into the general formulas:
I=Prt
where I is the just the interest earned
I=500×0.07×10
I=$350
A=P(1+r/100×t)
where A is the total amount (original sum of money plus interest)
A=500(1+0.07×10)
A=$850
Answer:
Step-by-step explanation:
Hello again
Step 1
12(5y+4) Equation/Question
Step 2
12(5y+4) Simplify
12(5y)+12(4)
Step 3
12(5y)+12(4) Solve
answer
60y+48
Hope this helps
Answer:
9 inches
Step-by-step explanation:
*Keep in mind, the length value is only greater than the width by 2.
15 ÷ 5 = 3
(So the length is increasing by 3, which means what? The width will also increase by 3. Now just multiply)
3 • 3 = 9
the answer is d im pretty sure
Answer:
A.
Step-by-step explanation:
When we multiply the 2 negatives together, we will get a positive number. Since choice A, when you multiply them together, you will get a positive number. Therefore, your answer choice is A.