Answer:
Kathy: $1,224,000
Mark: $306,000
Please refer to the attachment.
This seems to be a title for a worksheet??
I = PRT....seeking T...rearrange......I / PR = T
I / PR = T
I = 720
P = 1000
R = 9% = 0.09
substituting values
720 / (1000)(0.09) = T
720 / 90 = T
8 = T <===
How often does 245 fit into 8? none.
into 84? none.
into 843? 3
Thus, the initial digit of the quotient is 3. Multiply 245 by 3 to obtain 735. Subtract this number from 843, resulting in 108. How many times does 245 go into 108?
none. Bring down a zero, creating 1080. How many times does 245 fit into 1080? 4, leaving a remainder of 100. And so forth.
Please attempt to work through this problem independently, manually.
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245 / 8439.00
-735
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Can you complete this? Keep in mind that 843-735 equals 108. Now drop down a zero to make 1080. show your work.