Hi there! I can help you.
Rate: To find the rate, let’s divide interest earned by the principal. When you do, you get 0.15. Multiply by 100 to get 15 and divide by 3 to get 5. The simple interest rate is 5%.
New balance: All you have to do is add the principal and he new balance. When you do, you get 517.5. The new balance is $517.50.
Answer:
These are correct! Nice Job!!
Step-by-step explanation:
Answer:
1) $53.50
2)$85.10
3) $57.60
4)1.5
4) $2511.25
Step-by-step explanation:
for 1,2,3,5 take the original amount and the percentages to set up something like this
$50X1.07
which gives you the entire answer in a simple step
Because if you don’t put anything they won’t hire you
Answer:
(a) $ 30000 + 1500 t
(b) $ 52500
Step-by-step explanation:
Initial profit = # 30,000
Profit increases every year by 5 %.
(a) Let the profit after t year is
P = $ 30,000 + 5% of 30,000 t = $ 30000 + $ 1500 t
(b) t = 15 years
P = $ 30000 + $ 1500 x 15 = $ 52500
