Answer:
$36.75
Step-by-step explanation:
The amount of interest payable is given by ...
I = Prt = $2100·0.07·(3/12) . . . . . . . . t is in years
I = $36.75
The bank earned $36.75 on the loan.
51=?
60 100
Then you cross-multiply the 51 and the 100 and get 5,100.
Next you take the 5,100 and divide it by the 60 which gives you your final answer of 85%.
Find 1 1/4 on the number line and count back 3/4 (why it is negative) answer is 1/2.
<span>If you are reading a story problem that says one and a half this would indicate the mixed number 11/2 or the decimal 1.5, which are all equivalent.</span>