1) GLORIA BUYS $14,000 AND MUST PAY 8% INTEREST. HOW MUCH WILL SHE HAVE ALTOGETHER?
2) GRID 245% AS A SIMPLIFIED FRACTION.
When you type in all-caps, two things happen:
**it's harder to read, and
**it's the online equivalent to SHOUTING (considered rude behavior).
Please just type in regular mode, not with the Caps Lock feature turned on. Thanks.
gloria buys $14,000 and must pay 8%
interest. How much will she have alltogether?
GRID 245% as a simplified fraction.
1. Multiply: 14000 x .08 = ?
2. 245/100, then simplify. Gridding is your job!
1) To calculate the total amount Gloria will have, we need to add the principal amount to the interest earned. The formula to calculate simple interest is:
Interest = Principal x Rate x Time
In this case, the principal amount Gloria buys is $14,000, and the interest rate is 8%. However, we don't have information about the time period, so we'll assume it's for one year.
Interest = $14,000 x 0.08 x 1 = $1,120
To find the total amount Gloria will have altogether, we add the interest to the principal:
Total amount = Principal + Interest = $14,000 + $1,120 = $15,120
Therefore, Gloria will have $15,120 altogether.
2) To express a percentage as a simplified fraction, we can divide the percentage by 100 and simplify the resulting fraction.
Given that the percentage is 245%, we divide it by 100: 245/100.
Next, we simplify the fraction by finding the greatest common divisor (GCD) between the numerator and denominator. In this case, the GCD of 245 and 100 is 5.
We divide both the numerator and denominator by 5: (245/5) / (100/5) = 49/20.
Therefore, 245% as a simplified fraction is 49/20.