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marissa [1.9K]
3 years ago
15

Item 2 An account earns simple interest. $1500 at 4% for 5 years a. Find the interest earned. b. Find the balance of the account

.
Mathematics
1 answer:
Verdich [7]3 years ago
7 0
The account is starting off with 1500, so that will be the start value. Since it is simple interest, it will always be gaining 4 percent of 1500. Let's find 4 percent of 1500.
1500×.04= 60
The account will be growing by $60 every year.
1500+60x=y
X is the number of years. We can find the interest earned by multiplying 5, since that is the number of years we are trying to find, and 60, since that is the interest.
60×5= 300
The interest earned is $300 over 5 years.
Now let's find the balance of the account after 5 years.
1500+ 60(5)=y
1500+300=y
1800=y
The balance of the account will be $1,800 after 5 years.
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shusha [124]

Answer:

5a. 4w+24≤100

5b. Dimensions=31ft x 19 ft

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Step-by-step explanation:

l=w+12

p=2l+2w

p=2(w+12)+2w

p=2w+24+2w

p=4w+24

The farmer has 100ft of fencing, so maximum that the perimeter (p) can be is 100, meaning (4w+24) has to be less than or equal to 100:

4w+24≤100

For the largest possible perimeter, all 100 of fencing will be used, so allow 100 to be equal to 4w+24)

100=4w+24

4w=76

w=19ft

l=w+12

l=19+12

l=31ft

The dimensions are 31ft x 19ft.

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