Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest
Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.
Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
Answer:
x=69° y=69°
Step-by-step explanation:
Angle x is an alternate angle so it is equal to the angle above it (69)
Angle y is in a co-interior angle so you do the equation 180-111 which equals 69°
Answer: 2 hr.
Explanation: Think back to rate of change. <em>d</em> = <em>rt</em>, <em>r</em> = <em>d/t</em>, <em>t</em> = <em>d/r</em>. In this case, we will be using <em>d</em> = <em>rt</em>. Mph would be <em>r</em>, rate, so you would categorize 15 mph and 8 mph under rate. <em>t</em> should represent the time each cyclist traveled. Tracey's and Emma's distance, <em>d</em>, would be the same as their mph, hence Tracey's being 15<em>t</em> and Emma's would be 8<em>t</em>. When you add Tracey's distance plus Emma's distance, you end up with 46 mi. Now, you need to combine like terms, which should look like 15<em>t</em> + 8<em>t </em> = 46. Add 15 and 8 to get 23, so it should be 23<em>t</em> = 46 now. Then, divide both sides of the equation by 23 and now you should have your answer, <em>t</em> = 2 hr.
Answer:
Step-by-step explanation:
Given
Required
Determine the percentage change
Percentage change is calculated as;
<em>Hence, the percentage change is approximately 8.8%</em>
