Compute the exact interest on $5,870 at 12% if the money is borrowed from june to december of the same year.

The exact interest on $5,870 at 12% is $58.70.

Step-by-step explanation:

Given information:

Principal = $5870

Interest rate  = 12% = 0.12

Time = June-December = 7 months.

We know that

1 year = 12 months

1/12 year = 1 month

7/12 year = 7 month

Time = 7/12 year

Formula for simple interest:

where, P is principal, r is rate of interest and t is time in years.

Substitute P=5870, r=0.12 and t=7/12 in the above formula.

Therefore the exact interest on $5,870 at 12% is $58.70.

step-by-step explanation:

ok one would be money, and the other would be refreshments or something similar. if each bag of popcorn is 5.00 and each drink is half of that that means drinks are 2.50 the proper way to do that would to look and see how much of each you can buy without exceeding a limit of 30.00

x + y = 90 5x – 10y = 90 90 – 10y = 5x 90 + 10y = 5x

step-by-step explanation:

last month maria hiked the 5-mile mountain trail a number of times and she hiked the 10-mile canal trail several times. let x represent the number of times she hiked the 5-mile trail, and let y represent the number of times she hiked the 10-mile trail. if she hiked a total of 90 miles, which equation can be used to find the number of times maria hiked each trail? x + y = 90 5x – 10y = 90 90 – 10y = 5x 90 + 10y = 5x