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

helppppppppppppppppppppppppppppppppppppppp

Answers

Answer:

28 grams

Step-by-step explanation:

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)

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.

helpppppppppppppppppppppppppppp

Answers

Answer:

conflict and frequent change

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

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

hhhhhhhhhheeeeeeelllllpppppppp

Answers

The answer is the second one

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

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 ✓

i need to know the answer asap

Answers

Answer: 1/12

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:

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

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.

Other Questions

Based on the data in the table, which of the following is a possible impact of ethnic and religious diversity in Iraq?answer choicesO Ethnicity and religion act as centripetal forces in the country by creating a common Iraqi identity among the population.O Ethnicity and religion facilitate democratization in the country by motivating participation in elections.O Ethnicity and religion promote economic development in the country by generating national pride in the countrys accomplishments.O Ethnicity and religion lead to devolutionary pressures in the country by politically dividing regions.O Ethnicity and religion increase cultural cohesion in the country by promoting shared political ideology. A total of $6000 was invested, part of it at 7% interest and the remainder at 8%. If the total yearly interest amounted to $460, how much was invested at each? What two factors encouraged Madison to declare war on England?1.His secretary of war told him that he should, and he listened to him2.He didn't like Washington's idea of neutrality and he hated England3.Impressing of US sailors and Britain making allies with natives in the western US4.Britain stealing US ships and attacking Washington DC to determine whether or not to move forward with a project, a cost-benefit analysis is performed. after taking into account the time value of money, the costs and benefits of the project are accurately represented in monetary terms. the net present value method and the benefit-cost ratio method are the two most common approaches to cost-benefit analysis. Pathogens grow best in food withHigh acidityLow acidity a certain skin cream is 80 percent effective in curing a common rash. a random sample of 100 people with the rash will use the cream. which of the following is the best description of the shape of the sampling distribution of the sample proportion of those who will be cured? Bimodal B Uniform SO Approximately normal D Strongly skewed to the left E) Strongly skewed to the right what are the five stages of a substance use disorder? A university has a large number of courses in its catalog. Attributes of Course include Course_Number (identifier), Course_Name, and Credits. Each course may have one or more different courses as prerequisites, or may have no prerequisites. Similarly, a particular course may be a prerequisite for any number of courses what canal connected the great lakes to the hudson river? A gamer is observing her score, y, as she plays a video game. She currently has 2,300 points and is gaining 100 points for every minute, x, she plays.Which of the following equations can be used to describe this linear relationship? y = 2,300x 100 y = 2,300x + 100 y = 100x 2,300 y = 100x + 2,300 to improve his time management, tyler has compiled a to-do list of things that have been on his mind. which of the following items is likely to have the highest priority? Recall important events that have taken place so far in The Strange Case of Dr. Jekyll and Mr. Hyde. In your own words, summarize chapters 18 of the story. How did Benedict influence monastic life in Europe?a) He instituted a code of behavior for his monks that required them to give up their will to God.b) He required his monks to be from poor families, since aristocratic monks would not obey orders.c) He drove his monks to try to poison him with his strictness. After you have constructed a 60 angle, what other appropriately used construction will get you a 30 angle? you are the network administrator for a branch office of a larger organization. your branch is adding a new wireless network into an existing branch office lan. the existing network is configured to exchange routes using ospfv2 in a single-area configuration. your task is to verify the operation of the existing ospfv2 network, before adding in the new lan. when you are sure that the current ospfv2 lan is operating correctly, you will connect the new lan and verify that ospf routes are being propagated for the new lan. as branch office network administrator, you have full access to the ios on routers r3 and r4. you only have read access to the enterprise lan routers r1 and r2, using the username branchadmin, and the password branch1234. section of a chromosome that codes for a single protein which economic group saw the greatest growth as a result of the clerical needs of running a major business? How many miles is the diagonal path from Jim house to the mall fill in the blank: when setting a digital marketing strategy, it's important to and set meaningful goals before picking your channels. the nurse is developing a plan of care for the client who has activity intolerance. which intervention would the nurse do to obtain the desired client outcomes? prioritize psychosocial need