Answer:
Principal: $6,166.67
Principal: $5,200.00
Explanation:
<u><em>1. $6000 for 50 days at 20% p.a</em></u>
<u><em></em></u>
In 20% pa, pa means "per annum", i.e. "per year".
Assume simple interest:
Interest:
- Interest = Principal × number of days × annual rate / 360
- Interest = $6,000 × 50 × 20% / 360 = $166.67
Principal = principal + interest = $6,000 + $166.67 = $6,166.67
<u><em></em></u>
<u><em>2. $5000 for 5 months at 0.8% per month</em></u>
Assume, again, simple interest.
- interest: 0.80% per month
Interest:
- Interest = Principal × number of months × montly rate
- Interest = $5,000 × 5 × 0.80% = $200.00
Principal = principal + interest = $5,000 + $200.00 = $5,200
You can see that the accrued interests depend on the principal, the interest rate, and the time.
Answer:
B, D and also E
Step-by-step explanation:
Answer:
m = 2
Step-by-step explanation:
Hope this helps.
Answer:
a) $ 22x -9
b) 44x - 18
c) $319
Step-by-step explanation:
Given that,
number of $1 bills wyatt has = (2x-1)
number of $5 bills wyatt has = (4x + 2)
The total amount of money that Wyatt has in terms of x
(2x - 1) + 5(4x + 2)
= 2x - 1 + 20x + 10
= $ 22x -9
The number of pens that Wyatt can buy if each pen costs 50 cents
$(22x - 9) * 100
= 2200x - 900 cents / 50
= 44x - 18
If x = 21, amount of money Susan will have now if Wyatt gives her half the number of five dollar bills that he has
( 5 (4x + 2) / 2) + ( 2 (21) - 1)
= 215 + 41
= 256
As we know that Susan has $3x more than Wyatt
So,
256 + 3x
= 256 + 3(21)
= $319
Answer:
$1431
Step-by-step explanation:
If Stan pays a 10% deposit, he pays $159. 10% of $1590 is simply 0.1 * 1590 = 159. Assuming this is the only amount he pays, he then simply needs to pay the full price minus $159. We can find this by simply subtracting 159 from 1590 to get 1431. Stan still needs to pay $1431.
