Answer:
0.04
Step-by-step explanation:
2 / 50 is the same as 1 / 25.
1 / 25 = 0.04
Answer:
The equation is c=25h+30 and the answer is 205
Step-by-step explanation:
Plug in 7 for h.
Answer:
positive
negative
negative
Step-by-step explanation:
Answer:
$56.875
Step-by-step explanation:
Given that :
Amount invested = principal, p = 3500
Interest rate, r = 6.5% = 0.065
Penalty on withdrawal = 3 month simple interest
Simple interest = principal * rate * time
Time = 3 months = 3/12 = 0.25 years
Hence,
Simple interest = 3500 * 0.065 * 0.25
Simple interest = $56.875
Hence, penalty paid = $56.875