1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nonamiya [84]
3 years ago
10

You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 i

n interest. How much money do you need to put in?
Mathematics
2 answers:
Arte-miy333 [17]3 years ago
4 0
I = PRT
500 = P x 0.08 x 2
500 = P x 0.16
(Divide both sides by 0.16)
P = 500/0.16
Principle = 3,125
kati45 [8]3 years ago
3 0
Rate p.a. = 8%
Time = 2 years
SI     = $ 500
Principal = ??
Principal = SI*100/ R*T
               = 500*100/8*2
               = 50000/16
               = $ 3125

Therefore, the amount you put in is $ 3125
You might be interested in
Is -7 bigger than - 8​
alina1380 [7]

Hey!

------------------------------------------

Answer:

True

------------------------------------------

Explanation:

The smaller the negative number the bigger it is.

-7 > -8

------------------------------------------

Hope This Helped! Good Luck!

8 0
3 years ago
Will mark brainliest pls answer
alukav5142 [94]
Y =0.5x +2 The y-intercept is found by the coordinates (0,2) and the change is 0.5
4 0
3 years ago
2. Sarah has a gross weekly pay of $267.99. Her deductions are $98.65, $14.77, $3.67, $0.87, and
KiRa [710]

Answer:

mcmmmmmjhfj j y types and I love t

7 0
2 years ago
Reducing fraction and performing basic operation on fractions​
trapecia [35]
The answer is 5/3 can I have the some points
5 0
2 years ago
I WILL GIFT YOU 30 Brainly (On Jesus)
Tpy6a [65]

Answer:

since highest degree is 2 the degree of a polynomial is also 2.

since the highest exponent is 2 the leading coefficient is 1.

Step-by-step explanation:

7 0
3 years ago
Other questions:
  • What is the value of X
    11·1 answer
  • The table shows the time a patient spends at the dentist and the amount of the bill.
    14·2 answers
  • 1. Area =<br> 11 cm<br> 7 cm<br> 5cm
    10·1 answer
  • I just need the answer
    14·1 answer
  • Please help me!!!!
    15·1 answer
  • The circumference of Earth is about 40,074 km. Find the diameter of Earth to the nearest km?
    11·2 answers
  • The diameter of a circle is 8. What is the area of the circle in terms of pi?
    6·1 answer
  • Geometry math question no Guessing and Please show work thank you
    14·1 answer
  • Solve the equation. plesse help.
    9·2 answers
  • Round 3,854,927 to the hundredths place
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!