Answer:
simple interest is $6.8
Miguel pay amount to Julio at the end of 6 months $206.8
Step-by-step explanation:
Given : Miguel Rodriguez borrowed $200 from his brother Julio to pay for books and tuition. He agreed to pay Julio in 6 months with simple annual interest at 6.8%.
To Find : a) How much will the interest amount to?
b) What amount must Miguel pay Julio at the end of 6 months?
Solution :
Formula for simple interest :
Where rate is in decimal
Time is in years
So, rate of interest = 6.8 % = 0.068
Time = 6 months =
Principal = $200
Thus
Now To calculate amount must Miguel pay Julio at the end of 6 months
Amount = principal +Simple interest
Amount = 200+6.8 =206.8
Hence the simple interest is $6.8
And Miguel pay amount to Julio at the end of 6 months $206.8
23 3/4. because if it was 0.25, then you know that it is a quarter, 0.50 is half, therefore 0.75 is three quarters
Answer:
3+5=5+3
Step-by-step explanation:
a+b=b+a
comunitive property
Answer:
16 + 3n
Step-by-step explanation:
a = 19 ; common difference = 22 - 19 = 3
a(n) = a + (n -1 ) *d
= 19 + (n-1)*3
= 19 + 3n - 3
= 16 + 3n
Answer:
r= 1r- eR = r
Step-by-step explanation:
r-r = ER final answer to equal r= -ER