21x + 28 = 156 - 2
21x = 154 - 28
21x/21 = 126/21
X = 6
Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
Learn more:
You can learn more about the interest in brainly.com/question/13018049
#LearnwithBrainly
Answer:
25%
Step-by-step explanation:
125:500
divide by 5 to make 500 into 100
25:100
convert to percent
25%
Answer:
.............,...........,.......................... ans is b