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principal + interest= total amount due
solving interest use I=Prt the simple interest formula
So it would look like this 4000*5%*6
so, $4000 + interest = total amount use I=Prt for solving interest, where I=interest P=Principle r= rate t=time
yes, but change the percentage into decimal
the decimal would be .05 correct?
solve the simple interest first then do the Principal + interest which is $4000 for principal then times it by the interest u get
yes, what u did was correct
Cool! So the answer would be 1200?
now u have the simple interest, now use this "principal + interest= total amount due" and plug in your numbers
that's not the answer, times it by the principal and you'll get your answer
ok. So the principle would be the 4000 correct?
i already mentioned that above
SWEET! so I would do 1200*4000 right? and that equals 4800000
cool so that's the answer!? :)
now what do i do then?
give me a medal
haha that was the answer though right? :)
your done, your question wanted u to find the total amount due using simple interest. Did u do that already?
I'm pretty sure I did?
wait hold on, let me check
ok so Interest = principal * interest expressed as a decimal * time in years. is Interest = $4,000 * .05 * (6/12 =
which equals 100, i'm really sorry about that the simple interest is 100 so 4000 +100= 4100
the answer is 4100
oh. ok. Thank you!
could you help me with another one? :)