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erica [24]
3 years ago
11

What is the annual interest rate if $1600 is invested for 6 years and $456 in interest is earned

Mathematics
1 answer:
sergij07 [2.7K]3 years ago
6 0
Use the formula   i = p*r*t:
                                                               $456
$456 = $1600*r*6.  Solving for r, r = ----------------- = 0.0475, or 4 3/4%
                                                           ($1600)(6)
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In November 2010 the average price of 5 gallons of regular unleaded gasoline in the United states was $14.46. what was the price
Lapatulllka [165]

Propecia:

5 gallons ====== $ 14.46.

16 gallons ======= x dollars

X=16*14.46: 5=46.27  

Answer: $ 46.27.

3 0
3 years ago
Luigi is an urban planner. As an independent contractor, he charges a $140 fee plus $25 per hour for
Anuta_ua [19.1K]

Answer:

Function: y=140+25x

Amount earned for 10 hours of work: \$390

Step-by-step explanation:

Let be "x"  the number of hours worked on a project and "y" the total amount Luigi charges for a project.

Based on the data given in the exercise, you can identify that:

  • $140 is a fixed amount.
  • For each hour worked on the project, Luigi charges $25. This can be expressed as: 25x

Then, the total amount he charges for a project is the sum of $140 and 25x. This can be represented with the following function:

y=140+25x

To calculate the amount of money earned for 10 hours of work, you must substitute x=10 into the function and evaluate. Then:

y=140+25(10)\\\\y=390

7 0
3 years ago
Roland’s Boat Tours sells deluxe and economy seats for each tour it conducts. In order to complete a tour, at least 1 economy se
vovangra [49]

Roland’s Boat Tours will make more money if they sell more economy seats, hence the maximum profit is attained if they only sell the minimum deluxe seat which is 6

6*35+ 24*40 = 210+960= $1170

<em />

Given details

To make a complete tour, at least 1 economy seats

and 6 deluxe seats

Maximum passengers per tour = 30

<em />

<em>"Boat Tours makes $40 profit for each </em><em>economy</em><em> seat sold and $35 profit for each deluxe seat sold"</em>

<em> </em>Therefore, to maximise profit, he needs to take more of economy seats

Hence

Let a deluxe seat be x and economy seat be y

Maximise

6 x+ 24y = 30

The maximum profit from one tour is  = 6*35+ 24*40 = 210+960= $1170

Learn more

brainly.com/question/25828237

<em />

7 0
2 years ago
What is the answer? i dont get it
ArbitrLikvidat [17]
I believe it’s 2% if it’s wrong sorry
4 0
2 years ago
What is the value of X in the equation 2x+3y=36, when y=6?
zvonat [6]

Answer:

x = 9

Step-by-step explanation:

Substitute y=6 into 2x+3y=36

2x+3(6) =36

2x + 18 = 36

2x = 18

x = 9

7 0
3 years ago
Read 2 more answers
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