1. A finance company charges $55 simple interest on a sum of money which is borrowed for five months. Given that the rate
of interest is 12% per annum, find the sum of
the money.

Options:
1) $1200
2) $1100

Idont get this question can someone me solve it? ** the distance light travels in one second (1 light second) is about 1.86 ×10^5 mi. saturn is about 475 light-seconds from the sun. about how many miles from the sun is saturn..my guess is 8.83* 10^7 you so much

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease

Sara needs to take a taxi to get to the movies the taxi charges $4.00 for the first mile and then $2.75 for each mile after that if the total charge is $20.50 then how far was sara’s taxi ride to the movie