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alexandr402 [8]
3 years ago
8

On January 1, the balance in your account in $800. On July 1, you deposit $250. Your bank pays 5.8% interest. Calculate the amou

nt of simple interest that you earned on July 1
Mathematics
1 answer:
zmey [24]3 years ago
8 0

Answer:

The amount of simple interest  earned on July 1 is  $823.2.

Step-by-step explanation:

Here, the principal amount  =  $800

The rate of interest = 5.8%

Now, the interval of the deposition = from 1 January to 1 July

So, the duration of the deposited amount = 6 months

Now, 12 Months = 1 Year

So, 6 months  =  6 /12 = 0.5 year

Now,\textrm{SIMPLE INTEREST}  = \frac{P \times R \times T}{100}

\implies SI = \frac{800 \times 5.8 \times 0.5}{100}  =  23.2

So the interest  earned on $800 is $23.2.

Now, Amount = INTEREST + PRINCIPAL

⇒ A = $800 + $23.2  = $823.2

Hence,  the amount of simple interest  earned on July 1 is  $823.2.

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6 0
3 years ago
Of fabric costs $5.00 per yard, how much will 7/8 yards cost?
Maksim231197 [3]

Answer: It would be $4.38



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4 0
3 years ago
Marcus said the product of 78 × 134 is 94.<br><br> How can you tell that his answer is wrong?
QveST [7]
You can use estimation.

80×130=10,400

Clearly 10,400 and 94 are way off.
7 0
3 years ago
Need done by tonight please! Will mark brainliest just need it done.
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Answer:

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2. Octal number system uses 8 digits: 0,1,2,3,4,5,6,7 with the base of 8.

3. Decimal number system uses 10 digits: 0,1,2,3,4,5,6,7,8,9 with a base of 10.

4. Hexadecimal number system uses 16 digits and alphabets: 0,1,2,3,4,5,6,7,8,9 and A,B,C,D,E,F with the base of 16.

5. Quinary number system uses 0,1,2,3,4 with 5 as the base.

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Step-by-step explanation:

Hope this helps :)

7 0
2 years ago
A bowl contains 8 blue marbles and 5 green marbles. Elizabeth randomly draws 4 marbles from the bowl. She does not replace the m
Mrrafil [7]
Probability ( 1 blue marble and 3 green marbles) = ( Blue, green, green, green) + ( green, blue, green, green) + ( green, green, blue, green) + ( green, green, green, blue) = { (8/13) × (5/12) × (4/11) × (3/10) } + { (5/13) × (8/12) × (4/11) × (3/10) } + { (5/13) × (4/12) × (8/11) × (3/10) } + { (5/13) × (4/12) × (3/11) × (8/10) } = (4/143) + (4/143) + (4/143)+ (4/143) = 16/143 If the answer does not correspond to yours, do tell me. I'll try to correct mine
6 0
3 years ago
Read 2 more answers
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