Let's take the percentage as x
(x / 100) * 5 = 0.35
x / 100 = 0.07
x = 7
therefore the percentage is 7%
There are 10 crosses, which means that there are 10 trees in total. If we distribute 5 gallons among 10 trees, we give each tree
5/10=1/2=0.5 gallons
we know that
The simple interest formula is equal to
where
P is the Principal amount of money to be invested
I is the amount of money in interest
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above and solve for P
therefore
<u>the answer is</u>
The amount that the insurance company will pay is $1800.
<h3>How to illustrate the information?</h3>
It should be noted that the insurance company will pay John for the expenses of his injuries and repair of the car.
For the injury, he will get:
= $500 + ($1400 - $100)
= $500 + $2300
= $1800
Therefore, the amount is $1800.
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