Answer:
Interest earned is $25.2
Step-by-step explanation:
The formula to find simple interest is:
I = P₀rt
Where
I = interest rate
P₀ = Principal amount
r = interest rate
t= time
5 months = 5/12 years = 0.42 years
I = 1000* 6/100*0.42
I = 1000*0.06*0.42
I = 60*0.42
I = 25.2
Interest earned is $25.2
87 x 73 = 6,351
2
87
x 73
____
1
see attached picture of how graph should look.
search through word for a graph icon, you should be able to do this in Word.
Answer:
$9,220,000(0.888)^t
Step-by-step explanation:
Model this using the following formula:
Value = (Present Value)*(1 - rate of decay)^(number of years)
Here, Value after t years = $9,220,000(1 -0.112)^t
Value after t years = $9,220,000(0.888)^t
Answer:
What is the question so we can answer
