The answer is: "2.5 years" .
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Note: I = P * r * t ; { " Interest = Principal * rate * time "} ;
→ Solve for "t" {"time", in years} ;
Divide each side of the equation by "{P * r}" ;
to isolate "t" on one side of the equation ;
→ I / (P * r) = {P * r * t) / (P * r} ;
to get: " I / (P * r) = t " ;
↔ t = I / (P * r) ;
Given: I = $450 ;
<span>P = $2400 ;
r = 7.5% = 7.5/100 = 0.075 ;
Plug in these values into the formula to solve for the time, "t" :
</span>→ t = I / (P * r ) ;
= $450 / (<span>$2400 * 0.075) ;
= </span>$450 / ($2400 * 0.075) ;
= $450 / $180 ;
= $45 / $18 ;
= ($45 ÷ 9) / ($18 ÷ 9)
= $5 / $2 ;
= 2.5 ;
→ t = 2.5 years.
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The answer is: "2.5 years" .
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Answer:
1/10 or 10%
Step-by-step explanation:
1/4 x 2/5 = 1/10 (10%)
Comparing the cost of the car to the deposit, $3,168.00 the amount required to be added to the deposit
$3,168 is the interest
rate = 8%
time = T
principal = 6,600.00
I = ( PRT)/100
T = 100 I/PR
=(100*3168)/(6600*8)
= 6
She should leave the money for six years.
Answer:
14.83 feet
Step-by-step explanation:
a=
a=14.83 feet
