Answer:
Increasing a number by 5% and then by 20% is the same as increasing the original number by 26%.
Step-by-step explanation:
Take a number, x.
Now increase it by 5%.
1.05x
Now increase it by 20%.
1.2 * 1.05x = 1.26x
1.26x = 126% of x = 100% of x + 26% of x
100% of x is the same as x, so it is the same as the original x.
The increase is 26% of the original number.
Increasing a number by 5% and then by 20% is the same as increasing the original number by 26%.
Each student will get a boot up the anus
Answer:
c
Step-by-step explanation:
Answer:
b
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 6.5%/100 = 0.065 per year,
then, solving our equation
I = 95000 × 0.065 × 20 = 123500
I = $ 123,500.00
The simple interest accumulated
on a principal of $ 95,000.00
at a rate of 6.5% per year
for 20 years is $ 123,500.00.