Let the two numbers be x and y.
Let m = the fraction (or percentage) for increasing the numbers.
Increase x by 5, multiply (x+5) by (1+m), and set it qual to 36.
(x + 5)*(1 + m) = 36
Increase y by 5, multiply (y+5) by (1+m), and set it equal to 36.
(y+5)*(1+m) = 36
Therefore
(x+5)*(1+m) = (y+5)*(1+m)
x + 5 = y + 5
x = y
x - y = 0
Answer: 0.
The difference between the two numbers is zero.
I believe the answer is letter D
Answer:
I = (70) x (0.03) x (12)
Step-by-step explanation:
The general formula of simple interest formula is: I = PRT where I = simple interest, P = principal amount, R = interest rate, T = time (in years). Given that the initial investment is $70, the interest rate is 3% (or 0.03 as a decimal) and the time is 12 years, you can form the following:
I = (70) x (0.03) x (12)
