Hi there! The formula for simple interest is prt. That means multiply the principal (initial amount) by the rate (simple interest rate) by the time (could be in months or years). In this case, we multiply 475 * 5% (0.05) to get 23.75. That's $23.75 in interest each year, but we're looking for the amount earned in 10 years. To do this, multiply 23.75 by 10. When you do, you get 237.5. There. $237.50 in interest will be earned in 10 years.
Answer:
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Y=5x - 3
Because the difference in the y values are 5, the rise is 5. That is the TOP of the slope. The difference in the x values is 1, that is the run or the BOTTOM of the slope. So m = 5/1.
Using y = mx + b
2 = 5(1) + b
-3 = b
Therefore, y = 5x -3
Answer:
He should work
hours in overtime.
Step-by-step explanation:
Let x represents the number of hours of regular time and y represents the number of hours of overtime,
Since, earnings are $24 per hour for regular time and $36 per hour for overtime,
Thus, total earning = (24x + 36y) dollars,
Here, x = 40 hours and total earning = $ 1200,
By substituting the values,
1200 = 24(40) + 36y
1200 = 960 + 36y
240 = 36y
⇒ 
Hence, he should work
hours in overtime.