Question

Check my answers please! I will give a medal to the best answer!

Answer 1

I redid the math for number 4 and I think the answer is actually B.

Answer 2

@LoveIt Oh hi I remember you

Answer 3

Hi!! 2nd one seems correct: A = P(1 + rt); R = r * 100

Where:

A = Total Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in decimal; r = R/100
t = Time Period involved in months or years

1st one might be D:

Principal is the amount of money borrowed or invested.

now looking at 3rd one..

Answer 4

Is that the right formula? The one I was given was I=Prt

Answer 5

Interest=Principal*rate*time

Answer 6

Hm, maybe it's a more complicated formula; just go with yours.

Answer 7

Yep, it's just a more complicated one than the one I have.

Answer 8

I'm pretty sure number 1 is correct: Principal is the original amount invested (A)

Answer 9

For the next two I'm kind of unsure ;-;

@Directrix

@KendrickLamar2014

Answer 10

Sorry!!!

Answer 11

Here's what I did for number 3: I=4000*.05*3/12

Answer 12

Does that make sense?

Answer 13

The .05 is 5% converted to a decimal and the 3/12 is 3 months out of 12, so only .25 of the year.

Answer 14

Oh, is it not I=2000*.04*3 /12?



Try to ask other ppl just to make sure you're correct though

Plus, you're more experienced at this than I am

Answer 15

Oops I was looking at the wrong numbers. I was looking at number 4.

Number 3:
I=2000*.04*3/12=$20

Answer 16

@Directrix Can I just open up a new question and tag you in it so you're not confused?