9514 1404 393
Answer:
a) $336
b) $1036
Step-by-step explanation:
a) The interest is computed using the formula ...
I = Prt
where P is the amount invested at rate r for t years.
I = $700·0.08·6 = $336
The interest earned is $336.
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b) The balance of the account is the sum of the original amount and the interest earned:
balance = $700 +336 = $1036
The balance of the account is $1036.
Answer:
The angle between these radii must be 120º.
Step-by-step explanation:
According to Euclidean Geometry, two tangents to a circle are symmetrical to each other and the axis of symmetry passes through the center of the circle and, hence, each tangent is perpendicular to a respective radius. We represent the statement in the diagram included below.
Then, we calculate the angle of the radius with respect to the axis of symmetry by knowing the fact that sum of internal angles within triangle equals 180º. That is to say:
And the angle between these two radii is twice the result.
The angle between these radii must be 120º.
Answer:
<em>Interest = $3,888</em>
Step-by-step explanation:
Formula:
I = prt or I = p · r · t
what it stands for:
I = amount of interest
P = principal amount ($1,200)
R = interest rate (in years)(3% into decimal which would be .03)
T = amount of time (in years)($108)
so:
I = prt
I = (1,200)(.03)(108)
I = $3,888
Interest = $3,888
Dixon will earn $2,205.00 in two years. Every year he earns 5% of the original amount each year. Multiply 2000 by 0.05 (which is 5% in decimal form). This equals to 100. Add this to 2000 to get 2100. Multiply that number by 0.05 also to get 105. Add that to 2100 and get $2205. (Hopefully this is correct, i learned this a while ago and this is what I thought of on the top if my head).
