WebStep 2: Plug in the values 3000 = p × 0.08 × 1 3000 = 0.08p p = 37,500 Answer: He must invest $37,500 Example 2: Jane owes the bank some money at 4% per year. After half a year, she paid $45 as interest. How … WebIn order to build their shop, they borrow $150,000 from their neighborhood bank. The interest rate on the loan is 6%. How much interest do they have to pay? Possible Answers: $9000 $3000 $12,000 $1500 $6000 Correct answer: $9000 Explanation: Simple interest = Amount borrowed x Interest rate = 150,000 x 6% = 150,000 x .06 = $9000 Report an Error
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Web1 day ago · math — Mathematical functions ¶ This module provides access to the mathematical functions defined by the C standard. These functions cannot be used with … WebMath Central: Quandaries & Queries: Question from Julia: Using the formula I=PRT to figure out the missing variable. P=$9530, T=7 months, A= $9919.14. Hi Julia. A is the … greenhouse passive solar heating
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