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Tatiana [17]
2 years ago
9

Sam opened a money-market account that pays 2% simple interest. He started the account with $7,000 and made no further deposits.

When he closed the account, he had earned $420 in interest. How long did he keep his account open?
Mathematics
1 answer:
Juliette [100K]2 years ago
7 0
Answer:  $7,420.00 = 3 years
(I = A - P = $420.00)

Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year.

Solving our equation:
A = 7000(1 + (0.02 × 3)) = 7420 
A = $7,420.00

The total amount accrued, principal plus interest, from simple interest on a principal of $7,000.00 at a rate of 2% per year for 3 years is $7,420.00.
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How do you get the answer to this problem?<br> (2^3)(2^-7)
postnew [5]
(2^3)=2*2*2=8
(2^-7)=1/2*1/2*1/2*1/2*1/2*1/2*1/2=1/128
8*1/128=1/16=.0625
7 0
2 years ago
AB is a diameter of a circle, center O. C is a point on the circumference of the circle, such that
Solnce55 [7]

Given:

AB is the diameter of a circle.

m∠CAB = 26°

To find:

The measure of m∠CBA.

Solution:

Angle formed in the diameter of a circle is always 90°.

⇒ m∠ACB = 90°

In triangle ACB,

Sum of the angles in the triangle = 180°

m∠CAB + m∠ACB + m∠CBA = 180°

26° + 90° + m∠CBA = 180°

116° + m∠CBA = 180°

Subtract 116° from both sides.

116° + m∠CBA - 116° = 180° - 116°

m∠CBA = 64°

The measure of m∠CBA is 64°.

7 0
3 years ago
HELP ASAP PLS I NEED HELP
Alexus [3.1K]

Answer:

B

Step-by-step explanation:

r^2 is 0.9997, and after 10 years it'll be 95660

3 0
3 years ago
Esmerelda flips a coin and draws a card. What is the possibility that she gets “heads” and a black card?
elena55 [62]
The possibility of flipping heads is 1 in 2 (1/2)
the possibility of pulling a black card is 26 in 52 (26/52) which equals 1 in 2 (1/2)
multiply those together and you get 1 in 4, 1/4, or a 25%
7 0
2 years ago
Read 2 more answers
Please answer this question now
Alex787 [66]

Answer:

541.7 (m2)

Step-by-step explanation:

Applying the sine theorem:

WV/sin(X) = XV/sin(W)

=> WV = XV*sin(X)/sin(W) = 37*sin(50)/sin(63) = 31.81

Angle V = 180 - X - W = 180 - 50 - 63 = 67

Denote WH is a height of the triangle VWX, H lies on XV

=> WH = WV*sin(V) = 31.81*sin(67) =  29.28

=> Area of triangle VWX is calculated by:

S = side*height/2 = XV*WH/2 = 37*29.28/2 = 541.7 (m2)

8 0
2 years ago
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