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Pani-rosa [81]
3 years ago
12

Loretta invested $1000 in a simple interest account yielding 5% paid annually. In 2 years, she will have $1100 in her account. F

rom this example, we can conclude that 5% represents the:
Mathematics
2 answers:
enot [183]3 years ago
8 0

Periodic interest rate.

Cloud [144]3 years ago
4 0

Answer:

5% represents the rate of interest per annum.

Step-by-step explanation:

It is given Loretta invested $1000 in simple interest account yeilding 5% paid annually and amount in her account after 2 years is $1100 that is she earned 1100-1000=$100 interest in 2 years.

Simple interest can be calulated by the formula S.I=P T R

P represntes the principal ,T = time ,R= rate of interest .

P=$1000,T= 2 years ,R= 5%=0.05.

S.I = 1000(2)(0.05)

S.I= 100

Interest earned is $100 on an investement of $1000 for 2 years at the rate of interest of 5% annually.

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Can y’all plz help me ?
crimeas [40]

Answer:

x=-5

Step-by-step explanation

The first box has eight x's and six 1's which means that it would be written as 8x+6

The second box has four x's and fourteen -1's which means that it would be written as 4x-14

You set them equal to one another

8x+6=4x-14

You subtract 4x from both sides

4x+6=-14

Subtract 6 on both sides

4x=-20

Divide 4 on both sides

x=-5

Hope it helps :))

4 0
3 years ago
Adisa borrows $5,000 at 14% interest, compounded twice a year. How much does she owe at the end of 8 years?
N76 [4]

The borrower owes $14,760.82  at the end of 8 years

What is compounding interest?

Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.

Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:

FV=PV*(1+r/n)^(n*t)

FV=loan balance after 8 years=unknown

PV=loan amount=$5,000

r=annual interest=14%

n=number of times in a year that interest is compounded=2(twice a year)

t=loan period=8 years

FV=$5000*(1+14%/2)^(2*8)

FV=$5000*(1.07)^16

FV=$5000*2.95216374856541

FV=loan balance after 8 years=$14,760.82

Find out more about semiannual compounding on:brainly.com/question/7219541.

#SPJ1

4 0
2 years ago
When Ricardo was 9 years old, he was 56 inches tall. Ricardo is now 12 years old and he is 62 inches tall. Find the percent of i
Lena [83]
Explanation:
The formula for calculating the percent change in a value between two points in time is:
p
=
N
−
O
O
⋅
100
Where:
p
is the percent change - what we are solving for in this problem.
N
is the New Value - 62 inches in this problem.
O
is the Old Value - 56 inches in this problem.
Substituting and solving for
p
gives:
p
=
62
−
56
56
⋅
100
p
=
6
56
⋅
100
p
=
600
56
p
=
10.7
rounded to the nearest tenth.
Ricardo gres 10.7%
5 0
3 years ago
PLZ HELP IM DESPERATE
maw [93]

Answer:

Step-by-step explanation:

Personally I think that cultures who listen to more music, and strictly forbid other kinds of music, are cultures that would more influence this.

I don't know if this is what you were looking for, but have an amazing day either way!

8 0
3 years ago
Please answer number 14<br> I already tried but don’t understand
Rudiy27
  • Answer:
  • < abc =  < ebc \\  < acb =  < ecd \\ if \: two \: angles \: in  \:  the \:two \: different \:  triangles \: are \: equal \: then \: the \: third \: angle  \: in \: the \: triangle\: must \: be  \:  equal. \\ using \: pythogres \: theorum   \\  ab = \sqrt( ac ^{2}  - bc^{2} )\\  =  \sqrt (15 ^{2}  - 12 ^{2})  \\  =  \sqrt( 225 - 144 )\\  =   \sqrt(81) \\  ab = 9 \\ sides \: of \: similar \: triangle \: are \: propotional \\   ac  \div ec = dc \div bc \\ 15 \div x = 12 \div 6\\ x = 15 \times 6\div 12\\ x = 15  \div  2 \\ x = 7.5 \\ so \: ec \:  = 7.5 \\ you \: can \: check \: this \: by \: applying \: pythogores \: theorum. \\ i \: hope \: this  \:  helps

8 0
3 years ago
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