1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BaLLatris [955]
3 years ago
10

Sonnie deposited $2,500 into an account that earns simple interest. After 5 years, she earned $375 in interest. What was the int

erest rate of the account?
Mathematics
1 answer:
Goshia [24]3 years ago
4 0

Answer:

  3%

Step-by-step explanation:

The interest on the account is given by the simple interest formula:

  I = Prt

where I is the interest, P is the principal invested, r is the annual rate, and t is the number of years

  375 = 2500r(5) . . . . . . using the given values in the formula

  375/12500 = r = 0.03 . . . . . divide by the coefficient of r

Sonnie's account had a 3% interest rate.

You might be interested in
Statements that are true for a cylinder with radius r and height h.
vampirchik [111]

Answer:

Only the second and third statements are correct:

Doubling <em>r</em> quadruples the volume.

Doubling <em>h</em> doubles the volume.

Step-by-step explanation:

The volume of a cylinder is given by:

\displaystyle V=\pi r^2h

We can go through each statement and examine its validity.

Statement 1)

If the radius is doubled, our new radius is now 2<em>r</em>. Hence, our volume is:

\displaystyle V=\pi (2r)^2h=4\pi r^2h

So, compared to the old volume, the new volume is quadrupled the original volume.

Statement 1 is not correct.

Statement 2)

Using the previous reasonsing, Statement 2 is correct.

Statement 3)

If the height is doubled, our new height is now 2<em>h</em>. Hence, our volume is:

V=\pi r^2(2h)=2\pi r^2h

So, compared to the old volume, the new volume has been doubled.

Statement 3 is correct.

Statement 4)

Statement 4 is not correct using the previous reasonsing.

Statement 5)

Doubling the radius results in 2<em>r</em> and doubling the height results in 2<em>h</em>. Hence, the new volume is:

V=\pi (2r)^2(2h)=\pi (4r^2)(2h)=8\pi r^2h

So, compared to the old volume, the new volume is increased by eight-fold.

Statement 5 is not correct.

7 0
3 years ago
What is the future value of 300000 with an interest rate of 17% per annum for 30 days?
Anvisha [2.4K]
\bf \qquad \textit{Simple Interest Earned Amount}\\\\&#10;A=P(1+rt)\qquad &#10;\begin{cases}&#10;A=\textit{accumulated amount}\\&#10;P=\textit{original amount deposited}\to& \$300000\\&#10;r=rate\to 17\%\to \frac{17}{100}\to &0.17\\&#10;t=years\to \frac{30}{365}\to &\frac{6}{73}&#10;\end{cases}&#10;\\\\\\&#10;A=300000\left(1+0.17\cdot \frac{6}{73}\right)
3 0
3 years ago
Which is greater 7/8 or 5/10
Sloan [31]
Find a common denominator 7/8 = 35/40 and 5/10 = 20/40. Also 7/8 is almost a whole and 5/10 is half. 7/8 is greater.
7 0
3 years ago
Read 2 more answers
Your housing and fixed expenses are $702.38 per month do you want to have a four month emergency fund and save it over a nine mo
MrMuchimi

Answer:

For Review: Planning Ahead and Contracts Quick Check... these are the answers...

1) B. Yes, you want to begin saving at least 25 years before you plan to retire

2) D. all of the above

3) $2,341.27 per month realized income

4) Your housing and fixed expenses are $702.38 per month do you want to have a four month emergency fund and save it over a nine month period of time how much do you need to save per month?

Answer #4) $312.17 /month

Step-by-step explanation:

702.38 * 4 = 2,809.52 How much you will need to save for 4 months worth or expenses.

Now divide by 9 because that is how many months you will take to save up...

2,809.52 / 9 = 312.17

Answer) $312.17 per month, for 9 months to save 4 months worth or expenses.

8 0
3 years ago
To eliminate the y terms, you can multiply the first equation by 5 and the second equation by what number?
gladu [14]

Step-by-step explanation:

the second equation should be multiplied by 9

6 0
3 years ago
Other questions:
  • QUESTION AND ANSWER IN IMAGE!
    10·1 answer
  • How do u solve 94=y/4-18. What do get for y.
    13·1 answer
  • Can you help with the air freshener question?? And can you simplify the answer
    7·2 answers
  • I need help with this please and fast
    15·1 answer
  • What is 4pie=w-6 pie
    13·1 answer
  • the coordinate of J' after a reflection of the triangle is about the line y= -x. The coordinates of J is (-2,-1)​
    14·1 answer
  • twenty of the students in Hannah's class, or 80% of the class, voted to have pizza for lunch every Wednesday. How many students
    15·1 answer
  • Find Jenny's mistake​
    6·2 answers
  • What is the vertex of the parabola? y + 1 = -1/4 (x-2)^2​
    9·1 answer
  • Find 1 + 3 + 5 + … + 389.
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!