Whats the answer???

Cindi deposited $300 at 7.5% simple interest rate. How much interest will she earn after 5 years?

pav-90 [236]

Answer:

$431

Step-by-step explanation:

using the formula P(1+r/100)^n,

we can substitute the P with $300,

substitute the r with 7.5%,

and substitute the n with 5.

8 0

3 years ago

Julien's parents want $64,000 at the end of 3 years. They put their money in an account that yields 10% per year compounded mont

Leto [7]

Answer: $\$47,471$

Step-by-step explanation:

Given

Julien's parents want $64,000 at the end of 3 years

The rate of interest is 10% annually

Suppose they invested P amount initially

So, compound interest, compounded monthly is

$\Rightarrow A=P\left( 1+\frac{r}{n}\right)^{nt}\quad [\text{n=Numner of compounding periods}]\\\\\text{Insert the values}\\\Rightarrow 64,000=P\left( 1+\frac{0.10}{12}\right)^{12\times 3}\\\\\Rightarrow 64,000=P\left( 1+\frac{10}{12}\right)^{36}\\\\\Rightarrow P=\dfrac{64000}{1.3481}\\\\\Rightarrow P=\$\ 47,471.37\approx \$ 47,471$

7 0

2 years ago

Gavin likes biking. He never misses a chance to go for a ride when the weather is nice. This week his goal is to bike about 65 t

kvv77 [185]

Answer:

Total Miles he drives first day = 8 miles

Total Miles he drive second day = 12miles

Total Miles he drives third day = 18miles

Total Miles he drives fourth day = 27 miles

Step-by-step explanation:

This is a problem of linear equations in 1 variable:

The linear equations in one variable is an equation which is expressed in the form of ax + b = 0, where a and b are two integers, and x is a variable and has only one solution.

It is given in the question that ,

This week his goal is to drive bike about 65 total miles over four days. Each day, he wants to ride 1.5 times as far as he rode the day before.

Let, on the first day, he drives x miles. On second day, he drives 1.5x. On the third day, he drives 1.5(1.5x) and on the fourth day, he drives 1.5(1.5(1.5x)).

So the equation is :

x +1.5x + 1.5(1.5x) + 1.5(1.5(1.5x)) = 65miles

x + 1.5x + 2.25x + 3.375x = 65miles

8.125x = 65 miles

x = 65/8.125 miles

x = 8 miles

so after solving the equation we get, on the first day Gavin drives 8 miles

similarly, on the second day he drives 12miles

on third day 18 miles

and on the fourth day 27miles

more about linear equations in one variable at:

brainly.com/question/17139602

#SPJ10

4 0

2 years ago

What is the rational number between 1/6 and 1/12

soldi70 [24.7K]

7/10 you just get the decimal form of the numbers and find a simple decimal between them, which was 7, and put it over 10 so you get 7/10

3 0

3 years ago

The question is Stephen read for 34 minutes on Monday and 45 minutes on Tuesday. Use breaking apart to find how many minutes Ste

user100 [1]

Breaking apart means that you just take the tens from each number, and the ones from each number, then add them up.

The tens from your numbers are:
30 from 34
40 from 45

The ones from your numbers are:
4 from 34
5 from 45

Now, you have to add up the tens and ones separately.
30 + 40 = 70
4 + 5 = 9

Finally, you add up those 2 numbers that you got- 70 and 9

The answer: Stephen read for 79 minutes total.

7 0

3 years ago

Whats the answer???​

Whats the answer???