sanmi(0.00)12Convert 6% to 0.06.$150 = 0.04p8Multiply 0.06 and12p = $3,750Divide both sides by 0.04.Martin Ellis invested $3,750.oncept Checketermine the interest and the amount for the indicated time. (From Exar1. Principal: $4,000 at 6% for a) 4 years, b) 4 months, and c) 4 days.10 years, b) 10 months, and c) 10 days.

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Answered: etermine the interest and the amount…

etermine the interest and the amount for the indicated time. (F» 1. Principal: $4,000 at 6% for a) 4 years, b) 4 months, and c) 4 days.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

sanmi
(0.00)
12
Convert 6% to 0.06.
$150 = 0.04p
8
Multiply 0.06 and
12
p = $3,750
Divide both sides by 0.04.
Martin Ellis invested $3,750.
oncept Check
etermine the interest and the amount for the indicated time. (From Exar
1. Principal: $4,000 at 6% for a) 4 years, b) 4 months, and c) 4 days.
10 years, b) 10 months, and c) 10 days.

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