Answer:
$4.
Step-by-step explanation:
Let us assume that Pete and Teegan each put an amount of $P in a new bank account.
Teegan's account earns 2.75% simple interest and she earned $2.20 in interest after one year.
So, we can write
⇒ P = $80
Now, this $80 in Pete's account earns 5% simple interest.
Then after one year Pete will earn as interest
Dollars. (Answer)
Answer:
False
Step-by-step explanation:
9 is a multiple of 3 but not 6
Answer:
The initial amount in the account is $333.33
Step-by-step explanation:
Here, we want to calculate the initial amount in the account.
Let the initial amount be $x
Mathematically;
Simple interest = PRT/100
where P is the amount deposited = $x
R is the rate = 10%
T is the time = 5 years
Simple interest = Present amount - Principal = $(500-x)
By substituting;
500-x = (x * 10 * 5)/100
100(500-x) = 50x
50,000 - 100x = 50x
50,000 = 100x + 50x
150x = 50,000
x = 50,000/150
x = 333.33333333
Which to the nearest penny ; x = $333.33
Answer:x=61
Step-by-step explanation
856−5x3{131}=2
8(x−9)+5(5−18)+1(15−6x)=2
8x−72−65+15−6x=2
2x=122
x=61
sorry if i'm wrong