Answer:P is the principal amount, $5000.00.
r is the interest rate, 3.5% per year, or in decimal form, 3.5/100=0.035.
t is the time involved, 5....year(s) time periods.
So, t is 5....year time periods.
To find the simple interest, we multiply 5000 × 0.035 × 5 to get that:
The interest is: $875.00
Step-by-step explanation:I=P×r×t
I hope this helps
Answer:
You need to take a screenshot or picture of the problem then I'll help you
Step-by-step explanation:
Answer:
Step-by-step explanation:
two intersecting lines :- one
one line:- infinite
two parallel lines:- no solution.
Answer:
Nine is 76, no clue about eight
Step-by-step explanation:
Answer:
The rate at which the account pay the deposit is 2 %
Step-by-step explanation:
Given as :
The principal amount deposited in account = $2100
The rate of interest = r % simple interest annually
The time period = 11 months =
year
The amount received = $2138.50
Now<u>, From Simple Interest method </u>
Simple Interest = 
Or, Interest = 
Or, Interest = 
Or, Interest = 19.25 r
Now, Interest = Amount - Principal
So, 19.25 r = $2138.50 - $2100
Or, 19.25 r = $38.5
∴ r = 
I.e r = 2
So, rate of interest = r = 2 %
Hence The rate at which the account pay the deposit is 2 % Answer