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
sdas [7]
3 years ago
10

bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly 128 interest in 2 ye

ars how much money should he deposite
Mathematics
1 answer:
mina [271]3 years ago
7 0
The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I </em>is the amount of interest, <em>p</em> is the principal invested, <em>r</em> is the rate as a decimal number and <em>t</em> is the amount of time.  Substituting our given information we have
128 = <em>p</em>(0.016)(2) ----- 1.6% = 1.6/100 = 0.016
128 = <em>p</em>(0.032)
Divide both sides by 0.032:
128/0.032 = <em>p</em>(0.032)/0.032
4000 = <em>p</em>
He needs to invest $4000.
You might be interested in
Which one of the following statements is true of perpendicular lines?
miv72 [106K]
A. Thay intersect at one point.
5 0
3 years ago
How many minutes is 40% of 2 hours
andrew11 [14]
1 hours is equal to 60 minutes.
2 hours = 120 minutes

40% is 120 minutes = 120*40/100 = 48 minutes
6 0
3 years ago
Drew collins purchased a new treadmill for $1,662. He made 15% down payment and financed the remainder. What amount did he finan
BigorU [14]
Given that Collins made 15% down payment, the amount to be financed will be given by:
(Price of treadmill)-(down payment)
down payment=15/100×1662
=$249.3
thus the amount to be financed will be:
1662-249.3
=$1412.7
8 0
3 years ago
What are two contributions to math that Leonardo Fibonacci made
jekas [21]
Fibonacci is famous for his contributions to number theory.

In his book, Liber abaci he introduce the Hindu-Arabic place-valued decimal systems and the use of Arabic Numerals  into Europe.He introduced the bar we use in fractions, previous to this, the numerator has quotations around it. The square root notation is also is Fibonacci method.

7 0
3 years ago
Angie mows lawns in her neighborhood to make money. She charges $25 per lawn and buys a new mower for $200. If x is the number o
natali 33 [55]

Answer: Angie's profit equation is 25x−200=p

Step-by-step explanation:

Let x represent the number of lawns that Angie mows in her neighborhood.

Let p represent the profit made by mowing x lawns.

Profit = Revenue - cost

She charges $25 per lawn. This means that the amount charged for x lawns = 25×x = 25x

So her revenue is 25x

She buys a new mower for $200. Thus, the cost is $200. Therefore, Angie's profit,p is expressed as

p = 25x - 200

7 0
2 years ago
Other questions:
  • What is the probability of rolling a multiple of five
    7·2 answers
  • Which best describes the relationship between the line that passes through the points (-3,6) and (-7,11)and the line that passes
    10·1 answer
  • The composition of a function and its inverse is always __________.
    8·2 answers
  • How many solutions do these equations have y= 3x+4 y+6=3x
    15·1 answer
  • What is the distance from (−2, 4) to (0, −6)? round your answer to the nearest hundredth.
    13·2 answers
  • Solve for s<br> 14=-2s-8
    9·2 answers
  • NEED ASAP<br> Identify the linear function graph.<br> A) <br> B) <br> C) <br> D)
    12·2 answers
  • Identify terms, coefficients, factors, and the constant: 5(2x + 4) + 3x
    6·2 answers
  • H + 52 72<br> ———- = —-<br> 70. 56
    13·1 answer
  • HELp!!! 100 POINTS. <br><br> What is the formula of g in terms of f?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!