Mathematics Middle School

whats the formula for simple interest?....HELP

Answers

Answer 1

The formula for calculating simple interest is:

Simple Interest = (Principal x Rate x Time) / 100

Where:

Principal = the initial amount of money (the "principal sum")

Rate = the interest rate (expressed as a decimal or percentage)

Time = the length of time the interest is applied (usually in years)

It's important to note that simple interest is a method where the interest is calculated only on the original principal sum, not on any accumulated interest.

Answer 2

The simple interest formula is

i = P*r*t

where,

i = interestP = deposit or starting amount or loan valuer = annual interest rate in decimal formt = number of years

--------------------

An example:

You borrow $500 at a simple interest rate of 2% over 3 years

P = 500r = 0.02t = 3

Use those values to compute the following:

i = P*r*t

i = 500*0.02*3

i = 30

The amount of interest only is $30; meaning the total amount to pay back is $500 + $30 = $530

Related Questions

i need to know the answer asap

Answers

Answer: 1/12

Step-by-step explanation:

Mr. Martinez rented a car for one day. the charge was $36, plus $0.18 per mile. if the total cost of the rental was $75, how many did he drive?

Answers

Answer:

Mr. Martinez drove 216.66 miles.

Step-by-step explanation:

75-36=39
39/0.18=216.66

Answer:

Explanation: The first thing to do is 75-36 which equals 39. Then do 39/.18 which is 216.6, but rounds up to 217, so 217 miles.

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Answers

Answer:

28 grams

Step-by-step explanation:

.

what is the value of x and y

Answers

Answer:

x=127

y=180-27=53

We know this is correct as 127+53=180 which is a straight line.

The answer for x and y are:

Which of the following equations represents a linear function?

A: x = 5
B: y equals negative one fourth times x plus 5
C: 2x + 7 = 12

Answers

Answer:

It's C

Step-by-step explanation:

x = 5 X

y = -1/4 × 5 X

2x + 7 = 12 ✓

It's C

Step-by-step explanation:

x = 5 X

y = -1/4 × 5 X

2x + 7 = 12 ✓

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Answers

Answer:

conflict and frequent change

Conflict and frequent change since world wars happened and after years it had come to peace

uhhh i fell d u m b rn but like if i dont get it within at least 2 mins can somebody help

Answers

Answer:

Step-by-step explanation:

Greater or less than

<  >

0.3 is greater than 0.03

0.3 > 0.03

The 3 comes first after the decimal point in 0.3, and a 0 comes first after the decimal point in 0.03 so 0.3 is bigger.

Answer:

0.3 > 0.03

Step-by-step explanation:

I think you should watch videos on decimals to see how to do them.

You see 0.03 has two places after the decimal point while 0.3 has one place after the point. You can match them by adding a 0 to 0.3 so that it also has two places to get a clearer look.

Like this:

0.3 turns into 0.30 so now it has two places after the point like 0.03

so if there is ONLY a 0 BEFORE the point, dont think about it. so lets look at the numbers AFTER the point. We added an extra 0 after the 3 so its 30. but the other decimal is only 03, which we can look at it as just the number 3 because only 0 is in front of it and 0 equals nothing.

looking at the two numbers 30 and 3, which one is greater? 30.

Therefore, 0.3 > 0.03

Please will someone help. I'd greatly appreciate it! (50 points)

Answers

The answers are -6,14,-96, and 53

Answer:

Step-by-step explanation:

x-12= -6

You have to add 12 to both sides to get x by itself you add because it is negative a you need to do the opposite expression to get rid of the 12

+12     +12

x= 6

what number is expressed in each of the models below? One flat represents 1 whole. One rod represents 1 tenth, and one unit represents 1 hundredth. Write the number on the line.

Answers

Answer:

The number expressed in the models below is 0.63 (six tenths and three hundredths)

Step-by-step explanation:

It is represented as follows:

One flat represents 1 whole, so there are 0 whole numbers

One rod represents 1 tenth, so there are 6 tenths (represented by 6 rods)

One unit represents 1 hundredth, so there are 3 hundredths (represented by 3 units)

When finding the mean, what does the total number of values mean in a set?

Answers

Answer:

It is the sum (total) of all the values in a set of data, such as numbers or measurements, divided by the number of values on the list. To find the mean, add up all the values in the set. Then divide the sum by how many values there are. So if you have five values, add them all together, then divide the result by five

pls it is aleks and due tommorow

Answers

Answer:

B, C, and E

Step-by-step explanation:

A. A constant term is defined as a term without a variable, so this answer is wrong

B. 6 and 1 are both like terms, so B is correct

C. A coefficient is defined as a number multiplied by the variable, C is correct.

D. There are two terms, not 3

E. 8 is being multiplied so it is a factor, E is correct

F. 3 has been proven to be correct so F is wrong.

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Answers

The answer is the second one
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