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ICE Princess25 [194]
2 years ago
8

A plumbing contractor receives proceeds of $4,713.54 on a 12.5% simple discount note with a face value of $5,000. Find the time

of the note in days. (Assume a 360-day year.) Do not round intermediate calculations!
Mathematics
1 answer:
kolbaska11 [484]2 years ago
8 0
I = Prt
t = I/(Pr)
.. = (5000 -4713.54)/(5000*0.125)
.. = 165/360

The time period of the note is 165 days.
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Step-by-step explanation:

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Step-2 : Find two factors of  -8  whose sum equals the coefficient of the middle term, which is   -2 .

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When a product of two or more terms equals zero, then at least one of the terms must be zero.

We shall now solve each term = 0 separately

In other words, we are going to solve as many equations as there are terms in the product

Any solution of term = 0 solves product = 0 as well.

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2.2      Solve  :    b+2 = 0

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                     b = -2

Solving a Single Variable Equation:

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