We know, I = P * R * T /100
Here, P = 10,000
R = 6%
T = 5
Substitute their values into the expression,
I = 10000 * 6 * 5 /100
I = 300000 / 100
I = 300
Final Amount = Initial Amount + Interest Amount
Final Amount = 10,000 + 300 = 10,300
So, your final answer is $10,300
Hope this helps!
Answer:
No, they should not raise the price of the cookies. Because they are going to sell more base on the equation above if they stick with the original price.
To find the volume of a rectangular prism, multiply its 3 dimensions: length x width x height. The volume is expressed in cubic units.