Answer:
5
Step-by-step explanation:
= 15 ÷ 3
15 ÷ 3 = 5
Check:
5 × 3 = 15 good
I think the answer is B
Hope this helps
~Jordan~
Answer:
3
Step-by-step explanation:
..................
The answer is 9.53939201417
Answer:
<h2>Principal</h2>
Step-by-step explanation:
In Business, the formula for calculating simple interest on an amount of money saved is expressed using the formula below.
Simple Interest = Principal * Rate * Time/100
From the question, the parameters given are the time which is 5 years and the rate at 3.75%. There is no information on the principal and <u>before we can calculate the simple interest that Li will earn, the her principal must be made known</u>. Principal is like the amount she initially saved in her account.
<em>Hence, </em><em>the additional information that she needs</em><em> to find the simple interest </em><em>is her principal.</em>
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