Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680
Answer:
$2561.50
Step-by-step explanation:
If the account earns simple interest, then the balance at the end of 6 months will be ...
... A = P + Prt . . . . . for principal amount P, interest rate r, time period t
... A = $2350 +2350·0.18·6/12 = $2350 + 211.50
... A = $2561.50
Answer:
2x+12=24
first you subtract 12 from both sides
2x+12=24
-12. -12
The 12-12 should cancel itself, the rest of the equation you bring down to get
2x=12 (because 24-12=12)
Now you have 2x=12.
you then divide 2x by both sides.
2x=12
/2x=/2x
The 2x/2x cancels itself out so you then solve for 12/2x.
For this you just divide 12/2 which is 6!
x= 6 is your final answer.
to check this equation you can plug your number back into x to see if it is true! 2(6)+12=24.
6 times 2 is 12 and 12+12 is 24 so your answer (6) is true!
hope this helps! :D
Answer:
C) 1/6
Step-by-step explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
In this question:
We have 8 + 10 + 4 + 2 = 24 coins
Of those, 4 are nickels. So
The correct option is given by option C.
