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:
She worked 12 hours for the week
Step-by-step explanation:
Given that :
Hours worked :
Mondays = 40 hours
Tuesdays = 8 hours
If 1/4 of regular hours was worked in a certain week, the number of hours worked that week can be calculated thus ;
1/4 (Monday hours + Tuesday hours)
1/4(40 + 8)
(1/4 * 40) + (1/4 * 8)
10 + 2
= 12 hours
<h3>
Answer:</h3>
Neither one
<h3>
Step-by-step explanation:</h3>
Frog A's "unit rate" is ...
... (8 flies)/(4 minutes) = 2 flies/minute
Frog B's "unit rate" is ...
... (14 flies)/(7 minutes) = 2 flies/minute
Both rates are the same. Each frog eats 2 flies per minute.
21/2%=
21/0.02=
1,050
21 is 2% of 1,050
Check:
1,050*2%=
1,050*0.02=
21
(rounded)