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Art [367]
3 years ago
14

Johnny invested $1000 in savings account that yields 2% interest annually. How much will Johnny's investment be worth in 10 year

s?
Mathematics
1 answer:
Ann [662]3 years ago
4 0
Calculate the interest in a year
Multiply the annual percentage of interest by the investment to find the interest.
interest in a year = 2% × 1,000
interest in a year = 0.02 × 1,000
interest in a year = 20
The annual interest is $20

Calculate the interest after 10 years
Multiply the annual interest by 10
interest 10 years = 20 × 10
interest 10 years = 200
The sum of interest after 10 years is $200

Find total investment
investment = first investment + interest in 10 years
investment = 1,000 + 200
investment = 1,200

The investment will be worth $1,200 in 10 years
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Half an hour after leaving her house Beverly was 20 miles from home. At this point she merged onto the highway and was traveling
N76 [4]

Answer:

1. 45.71 miles

2. 10 miles

3. 89.43 miles

4. 0.79 hr

5. 0.025 hr

Step-by-step explanation:

speed = distance/time

After 4 hrs Beverly was 200 miles from home , however she had spent 0.5hr travelling for 20 miles prior to getting to the highway.

Therefore;

Constant speed before Highway = 20/0.5 = 40 miles/hr

Constant speed at Highway = \frac{(200-20)}{(4-0.5)} = 51.43 miles/hr

1. in 1 hr beverly will have travelled;

⇒ (20 miles in 0.5 hr ) + (0.5 hr  at speed 51.43 miles/hr)

⇒ 20 + (0.5 x 51.43) = 45.71 miles

2. In 0.25 hr beverly had not reached the highway

⇒ distance = speed x time

⇒ distance = 40 x 0.25 = 10 miles

3. in 1.85 hrs beverly will have travvelld;

⇒ (20 miles in 0.5 hr ) + (1.35 hr at speed 51.43 miles/hr)

⇒ 20 + 69.43 = 89.43 miles

4. Time taken to get to 35 miles

⇒ (20 miles in 0.5 hr ) + (15 miles  at speed 51.43 miles/hr)

⇒ 0.5hr + (15/51.43) hr = 0.79 hr

5. Time taken to travel 1 mile

 ⇒ time = distance / speed = 1 mile  / 40 miles/hr

⇒ time = 0.025 hr

8 0
3 years ago
PLEASEE HELP!! NUMBER 4!!
Illusion [34]
?????????????????????/ us a calculator to add up all the nub.
8 0
3 years ago
Which statements are TRUE? Select all that apply. Marisa drives 112 miles in 1 hour and 45 minutes, which means her speed is 64
valentinak56 [21]

Answer: See explanation

Step-by-step explanation:

a. Marisa drives 112 miles in 1 hour and 45 minutes, which means her speed is 64 miles per hour.

Speed = Distance / Time

= 112 / 1 45/60

= 112 / 1 3/4

= 112 × 4/7

= 64 miles per hour.

TRUE

b . If 6 pens cost $7.74, then 7 pens cost $9.03.

Cost of one pen = $7.74/6 = $1.29

Cost of 7 pens = $1.29 × 7 = $9.03

TRUE

c. If Raymond drives at a speed of 57 miles per hour, then it takes him 4 hours and 10 minutes to drive 256.5 miles.

Speed = Distance / Time

Speed = 256.5 / 57 = 4.5 = 4 hours 30 minutes

FALSE

d. If 17 identical cans of soup cost $38.59, then 3 of the cans must cost $6.81.

Cost of one can = $38.59 / 17 = $2.27

Cost of 3 cans = $2.27 × 3 = $6.81

TRUE

e. Mr. Mayes buys two dozen eggs for $8.40, which means that he pays 70 cents per egg.

A dozen = 12

2 dozens = 12 × 2 = 24

Cost of one egg = $8.40 / 24 = 0.35 = 35 cents

FALSE

8 0
3 years ago
8^(x+4)=2^x..........
Ludmilka [50]

Answer:

Step-by-step explanation:

x = 0

6 0
3 years ago
Which is an advantage of using a credit card over a debt card?
lorasvet [3.4K]
The answer is D
Because if you use it Poorly it will haves negative affect on your credit score
3 0
3 years ago
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