Answer:
<em>Avram will have to pay $7,047 simple interest</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
Perfectly correct. Two quarters do make a half :)
Use a protractor. Place the whole on the dot of the angle and you should know how to do the rest.
Answer:
A the front of her check only
Step-by-step explanation:
When you receive a check the back doesn't have anything on the back that you write on hope this helps.
Answer:
3 and 9
Step-by-step explanation:
3 * 24 = 72
9 * 8 = 72
3 * 15 = 45
9 * 5 = 45
