Hello! The formula for simple interest is prt. That means you multiply the principal (initial amount) by the rate (simple interest percentage), by the amount of time (could be in months or years). So, the loan is $3,750 and the rate is 8.25% for 9 months. 9 months is 3/4 of the year, because there are 12 months in 1 year and 9/12 is 0.75. Let's multiply. 3,750 * 8.25% (0.0825) is 309.375 Now, multiply that number by 0.75 to get 232.03125 or 232.03 when rounded to the nearest hundredth (cent). The amount of simple interest is $232.03.
Answer:
The answer is "It would decrease, but not necessarily by 8%".
Step-by-step explanation:
They know that width of the confidence level is proportional to a confidence level. As just a result, reducing the confidence level decreases the width of a normal distribution, but not with the amount of variance in the confidence level. As just a result, when a person teaches a 90% standard deviation rather than a 98 percent normal distribution, the width of the duration narrows.
False!
The first statement is correct, a company's traded shares reduces *BUT* that results in an increase in the par value or earnings per share. Same goes for a stock.
- Dysmy ☕
Answer:
I need some more context
Step-by-step explanation:
Answer:
530
Step-by-step explanation: