answer: x=6
Step-by-step explanation:
move all terms that don't contain x to the right side and solve.
Here the word "borrowed" is taken as Principal, given rate is 1% and time taken is 3/4 yrs.
so by using formula,
I = P*T*R / 100
= 25000*3/4*1 / 100
= 187.5
So the answer must be 187.5.
Answer:
20
Step-by-step explanation:
I'm only answering because the app told me i need to help someone before I can ask another question, but I can't help because I don't know what to help you with so
Answer:
$507.30
Step-by-step explanation:
-Given the monthly deposits are $425 and the interest rate is 3.5% for 30 years.
-The amount of the investment after 30 years is calculated as;
-Assuming Saul started saving at age 20, his investment term will be 40 yrs.
-His investment amount is thus:
#We subtract to find how much more he would have if he started saving at 20;
Hence, Saul would have $507.30 more had he started saving 10 years earlier.