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
Answer:(0/7) and (2/5)
Step-by-step explanation:
I did the test
It will 300 in two hours at that rate
Answer:
i figured it out the number is 12,316 if i am correct
1) 55% is girls, then
100-55=45% is boys.
2) 45%=0.45 or 2) 400 ----100%
3)400*0.45= 180 boys x -----45% x=400*45/100=180 boys
Answer is 180 boys.
