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Karolina [17]
3 years ago
12

You are 10 years old and have $500 to put in the bank to save for college. You will earn 5% simple interest rate. If you leave i

t in the bank for 10 years, what will be the balance?
Mathematics
1 answer:
pashok25 [27]3 years ago
5 0

Answer:

$814.48

Step-by-step explanation:

Use the formula for simple interest: B=P(1+r)^t

Plug in values: B=500(1+.05)^10

Evaluate: B=814.48

So the balance after 10 years will be around $814.48

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A map is drawn to a scale of 1 inch = 10 miles. How many miles apart are two points that are 2 1/2 inches apart on the map?
bixtya [17]
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6 0
3 years ago
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Find the discount if a $69.99 item is on sale for $39.99.
inn [45]
The easiest way to do it (for me) is to find 1% of the regular price. I think we can round the prices to $70,00 and $40,00 to show nice percentage.

70 / 100 = 0,7

So 1% is 0,7. Now we can divide $40,00 by 0,7 to calculate how many percent it is:

40 / 0,7 = 57 (after rounding it to the nearest whole number)

So the discount was 100 - 57 = 43 percent.

Doublecheck (optional):

70 * 57% =
= 70 * 57/100 =
= 7 * 57/10 =
= 7 * 5 7,10 =
= 7 * 5,7 =
= 39,9 (the price after the discount)

70 * 43% =
= 70 * 43/100 =
= 7 * 43/10 =
= 7 * 4 3/10 =
= 7 * 4,3 =
= 30,1 (the value of the discount)

The difference of 0,1 is because of the rounding, but it's correct.

8 0
3 years ago
If y varies inversely as x and y=-9 when x=-11, find y when x=66
Furkat [3]

Answer:

B

Step-by-step explanation:

5 0
3 years ago
Estimate the sum of 62, 61, and 58.
taurus [48]

Answer:

181

Step-by-step explanation:

62+61+58=181

7 0
2 years ago
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