Answer:
The principal investment required to get a total amount, principal plus interest, of $400.00 from simple interest at a rate of 8% per year for 9 years is $232.56.
Step-by-step explanation:
Given
- Total accrued Amount A = 400.00 (Let say $)
- Interest rate r = 8% = 0.08
To determine
Principle P = ?
Using the formula
P = A / (1 + rt)
substituting A = 400.00, t = 9 and r = 0.08 in the formula
P = 400 / ( 1 + (0.08 × 9))
P = $232.56
Therefore, the principal investment required to get a total amount, principal plus interest, of $400.00 from simple interest at a rate of 8% per year for 9 years is $232.56.
<ABC = 1/2(130+40)
<ABC = 170/2
<ABC = 85
answer
C. 85
Answer:
28-8-4x=0
x=5
5 days
Step-by-step explanation:
28-8=20 problems left
then 4 each day