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3 years ago

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Susan has $800 in a savings account that earns 6% annually. If the interest is not compounded, how much interest will she earn i

n 5 years?
A) $30.00
B) $48.00
C) $240.00
Eliminate
D) $480.00

1 answer:

ruslelena [56]3 years ago

7 0

Answer:

The correct option is C.

Step-by-step explanation:

It is given that Susan has $800 in a savings account that earns 6% annually and the interest is not compounded.

It means Susan received simple interest.

Formula of simple interest:

$I=\frac{P\times r\times t}{100}$

Where P is principal amount, r is rate of interest in percentage and t is time in years.

$I=\frac{800\times 6\times 5}{100}$

$I=240$

The amount of interest is $240.00. Therefore option C is correct.

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Answer:

The coordinates of the point on the line segment between A (3 , -5) and B (13 , -15) given that the point is 4/5 of the way from A to B would be: (11 , -13)

Step-by-step explanation:

As the line segment has the points:

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Let (x, y) be the point located on the line segment which is 4/5 of the way from A to B.

Using the formula

$x=\frac{x_{1}m_{2}+x_{2}m_{1}}{m_{1}+m_{2}}$

$y=\frac{y_{1}m_{2}+y_{2}m_{1}}{m_{1}+m_{2}}$

Here, the point (x , y) divides the line segment having end points (x₁, y₁) and (x₂, y₂) in the ratio m₁ : m₂ from the point (x₁, y₁).

As (x, y) be the point located on the line segment which is 4/5 of the way from A to B, meaning the distance from $A$ to $(x , y)$ is $4$ units, and the

distance from $(x , y)$ to B is 1 unit, as $5 - 4 = 1$ .

Thus

m : n = 4 : 1

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<u>Finding x-coordinate:</u>

$x=\frac{x_{1}m_{2}+x_{2}m_{1}}{m_{1}+m_{2}}$

$x=\frac{\left(3\right)\left(1\right)+\left(13\right)\left(4\right)}{4+1}$

$\mathrm{Remove\:parentheses}:\quad \left(a\right)=a$

$x=\frac{3\cdot \:1+13\cdot \:4}{4+1}$

$x=\frac{55}{4+1}$ ∵ $3\cdot \:1+13\cdot \:4=55$

$x=\frac{55}{5}$

$\mathrm{Divide\:the\:numbers:}\:\frac{55}{5}=11$

$x=11$

<u></u>

<u>Finding y-coordinate:</u>

$y=\frac{y_{1}m_{2}+y_{2}m_{1}}{m_{1}+m_{2}}$

$y=\frac{\left(-5\right)\left(1\right)+\left(-15\right)\left(4\right)}{4+1}$

$\mathrm{Remove\:parentheses}:\quad \left(a\right)=a$

$y=\frac{-5\cdot \:\:1-15\cdot \:\:4}{4+1}$

$=\frac{-65}{4+1}$ ∵ $-5\cdot \:1-15\cdot \:4=-65$

$=\frac{-65}{5}$

$\mathrm{Apply\:the\:fraction\:rule}:\quad \frac{-a}{b}=-\frac{a}{b}$

$y=-\frac{65}{5}$

$y=-13$

so

The x-coordinate = 11

The y-coordinate = -13

Therefore, the coordinates of the point on the line segment between A (3 , -5) and B (13 , -15) given that the point is 4/5 of the way from A to B would be: (11 , -13)

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