The information shown here only shows a principal sum, a rate of interest and a period or time. There is no question as to what is needed. But suppose the need is for simple interest, then we calculate using the given information and the formula:
I = PRT
where I is simple interest, P is the principal, R is the rate per year, and T is time
P = 290, T is 6 months which is 0.5 years, R = 12.5 % which is written as 0.125 in decimal fraction.
I = 290 × 0.125 x 0.5 → I = 18.125
Therefore after 6 months , the interest earned will be 18. 125 dollars
Answer:
Just divide dollar amount by unit count
2.35/24 =$ ______ per pencil
so each= =0.097917
so 97 cents
Answer:Angela paid 679,05 for the couch
Step-by-step explanation:
425*70/100=29.750
29.750/100= 297,5
297,5+425=722,5
722,5*6/100=4.335/100=43,45
722,5-43,45=679,05
Answer:
The venue has to host 47 events throughout the year
Step-by-step explanation:
Profit:
Profit is revenue subtracted by costs.
Per event:
$100,000 revenue
$50,000 costs
$100,000 - $50,000 = $50,000 profit.
If the venue wants to make a total profit margin of $2,350,000, how many events does the venue have to host throughout the year?
1 event - $50,000 profit.
x events - $2,350,000 profit.
The venue has to host 47 events throughout the year
