Important variables to know:
I = interest
P = principal (investment)
R = simple interest rate
T = years
Formula: I = PRT
What information do we have?
I = $960
P = $4000
T = 3 years
R = ?
Plug into formula:
960 = 4000(3)(R)
960 = 12000R
R = 960/12000
R = .08
A. $4000 + $960 = $4960. (A= P+ I)
B. 8% (.08)
Part 2: 1080 = 4000*.09*3
A = 5080 - 4960 =$420.
Answer:338
Step-by-step explanation:
169/2 = 84.5 (base is 84.5) 84.5 * 4 (sides) = 338
Answer:
A) d = 48t, d in miles, t in hours
B)d = 32t, d in miles, t in hours
C)y = 8 mph
Step-by-step explanation:
16 miles in 20 mins = 48 mph
16 miles in 30 mins = 32 mph
The boat speed is the average = (48 + 32)/2 = 40 mph
The current is the difference = 8 mph