Answer:
$936
Step-by-step explanation:
Simple interest is money you can earn by initially investing some money (a.k.a the principal). In return, a percentage (a.k.a the interest) of the initial money invested is added to the principal, this is what makes your initial investment grow.
The equation for simple interest is:
I = P x r x t
P = Principal, $2600
r = interest rate, 12%
t = time involved, 3 years
Fill in the values:
2600 × 0.12 × 3 = $936.00
Answer:
1040 passengers
Step-by-step explanation:
416÷8=52
52×20=1040
6.75 per hour
121.50/18 = 6.75
18%=0.18
380×0.18=68.4 increase
380+68.4=448.4
the easier way is to think 1 times any number is the same number so 380(1+0.18)=448.4 (just like adding tax to the price of something to see how much you'll actually pay)