How much interest is earned in one year for $5,000 at an interest rate of 3%?

Step-by-step explanation:

To find the interest take 5,000 and divide it by .03 Make sure you use.03 because it is 3% not 30.

The interest is $150 and the amount is $5150.

Step-by-step explanation:

STEP 1: Find an interest by using the formula I=P⋅i⋅t, where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.

In this example P = $5000, i = 3% and t = 1 years, so

I=P⋅i⋅t

I=5000⋅0.03⋅1

I=150=interest

STEP 2: Find an amount by using the formula A=P+I.

Since P = $5000 and I = $150 we have

A=P+I

A=5000+150

A=5150

answer: what equations are there

step-by-step explanation:

37/3

step-by-step explanation:

step 1: simplify both sides of the equation.

7x+8(x+

1

4

)=3(6x−9)−8

7x+(8)(x)+(8)(

1

4

)=(3)(6x)+(3)(−9)+−8(distribute)

7x+8x+2=18x+−27+−8

(7x+8x)+(2)=(18x)+(−27+−8)(combine like terms)

15x+2=18x+−35

15x+2=18x−35

tep 2: subtract 18x from both sides.

15x+2−18x=18x−35−18x

−3x+2=−35

step 3: subtract 2 from both sides.

−3x+2−2=−35−2

−3x=−37

step 4: divide both sides by -3.

−3x

−3

=

−37

−3

x=

37

3