A party rental company has chairs and tables for rent. The total cost to rent 3 chairs and 5 tables is )38. The total cost to rent 6 chairs and 2 tables is $26. What is the cost to rent each chair and each table?

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problem

you deposit some money into a bank account paying 4% simple interest per year. you received $72 in interest after 3 years. how much the deposit (principal) was?

result

the principal was $600.

explanation

find principal by using the formula i=p⋅i⋅t, where i is interest, p is total principal, i is rate of interest per year, and t is total time in years.

in this example i = $72, i = 4% and t = 3 years, so..

obviously it is c. 75/85