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MrRa [10]
3 years ago
15

*HELP PLEASE* How much money will Sarah have in her account if she deposits $2,700 and she invests in a simple interest savings

account with a 3.5% interests rate for 8 years
Mathematics
2 answers:
Yuri [45]3 years ago
7 0

Answer:

3456

Step-by-step explanation:

Rzqust [24]3 years ago
4 0

Answer:

$3456

Step-by-step explanation:

We are given;

  • Money deposited (principle) as $2,700
  • Rate of interest is 3.5%
  • Time is 8 years

We are required to determine the amount that will remain after 8 years

  • We first need to determine the interest earned after eight years using the simple interest formula.

Simple interest = (Principle × rate × interest periods) ÷ 100

Therefore;

Interest = ($2,700 × 3.5% × 8 yrs)÷ 100

            = $756

Then determine the amount after 8 years

Amount = Principle + Interest

Therefore;

Amount = $2700 + $756

             = $3,456

Therefore, the money in the account after 8 years is $3456

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4 0
3 years ago
Threatened monarch butterflies are monitored by measuring the area occupied by overwintering butterflies in Mexico. According to
Pani-rosa [81]

Answer:

14.2 hectares

Step-by-step explanation:

Fund Mexico, monarch butterflies occupied 1.13 hectares one recent winter, and 4.01 hectares the following winter (one year later)

The formula of Geometric growth

(Pt/ Po)^1/t

Where Pt = Size after t years = 4.01 hectares

Po = Initial size = 1.13

t = times = 1

=( 4.01/1.13 )^1/1

= 3.5486725664

Hence, Geometric growth rate = 3.5486725664.

It's size in hectares after another 1 year = Current size in hectares × Geometric growth rate

= 4.01 ×3.5486725664

= 14.230176991 hectares

≈ 14.2

6 0
3 years ago
Route 80 runs a little over 29,000 miles
WARRIOR [948]

Answer:

true

Step-by-step explanation:

<u>NO MARK ME BRAINLIEST PLZ</u>

5 0
3 years ago
PLEASE HELP!!!
IrinaVladis [17]
44.


The closer it gets to -19, the closer the number goes to 44. It never hits it exactly though, but based off the trend (43.95, 43.995, 43.9995) we can tell that it gets closer to 44 each time.


Hope this helps! (:
8 0
2 years ago
WILL GIVE BRAINLIEST if thorough steps are provided!
leonid [27]

Answer: 106.5 I believe

Step-by-step explanation:it’s gonna be 6 to the third power minis three over x=2

4 0
2 years ago
Read 2 more answers
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