IN finding the interest we need to use the following formula:
Interest= Principal x Rate x Time or I= PRT
Substitute values: I= [$20 + ($10 x $34)] -320 =$40
P= $320
R=?
T=10 months/year
I=PRT
Since R is a missing term, we will solve for R using this formula: R=I/PT
R= [<span>$20 + ($10 x $34)-320] / ($320 x 10 months)
T=10 months</span>÷12 months=0.83<span>
R= ($40)/ $320 X 0.83
R= 40/ 265.6
R=15.06024096</span>
Answer:
The product is 
Step-by-step explanation:
To do this we must understand how the basic operations apply to powers. If the power has the same base and we multiply them, the base remains the same while we sum the powers, if we divide them the base remains the same and we subtract the powers, if we try to make a power of a power the two powers multiply. Applying this rule we have:
10.5x = 7.5x + 30
10.5x - 7.5x = 30
3x = 30
x = 30/3
x = 10
10.5(10) = 105
7.5(10) + 30 = 75 + 30 = 105
they need to purchase 10 t-shirts from each company for a total of $105 for each company
Answer:
A = $18,326.00
(assuming simple interest)
Step-by-step explanation:
Assuming simple interest, the following formula applies:
final amount = (principal amount) x [1 + (annual rate)(time elapsed) ]
or
A = P (1 + rt)
in our case,
P = $7,700
r = 5.75% = 0.0575
t = 24 years
hence,
A = 7700 [ 1 + (0.0575)(24)]
A = 7700 ( 1 + 1.38)
A = 7700 x 2.38
A = $18,326.00
