Is 730.921 less than, greater than, or equal to 730,921?

If the principal is $300 rate 3% time 4 years then what is the interest earned and the new balance

Tomtit [17]

Answer:

a) Interest earned = $36

New Balance = $336

b) Interest rate = 0.05 or 5%

New Balance = $517.5

c) time t = 5

New Balance = $612.5

d) Principal Amount = $675

New Balance = $783

Step-by-step explanation:

We are given:

a) Principal (P) = $300

Rate (r) = 3% or 0.03

Time (t)= 4 years

Interest earned = ?

The formula used is: $Simple \ Interest (I)= P\times r\times t$

Putting values and finding interest

$Simple \ Interest (I)= P\times r\times t\\Simple \ Interest (I)= 300\times 0.03\times 4\\Simple \ Interest (I)= 36$

So, Interest earned = $36

New Balance = Principal + Interest = 300+36 = $336

b) a) Principal (P) = $300

Rate (r) = ?

Time (t)= 3 years

Interest earned = 67.50

The formula used is: $Simple \ Interest (I)= P\times r\times t$

Putting values and finding rate

$Simple \ Interest (I)= P\times r\times t\\67.50= 450\times r\times 3\\67.50=1350\times r\\r=\frac{67.50}{1350}\\r=0.05 \ or \ 5\%$

So, Interest rate = 0.05 or 5%

New Balance = Principal + Interest = 450+67.50 = $517.5

c) Principal (P) = $500

Rate (r) = 4.5% or 0.045

Time (t)= ?

Interest earned = $112.50

The formula used is: $Simple \ Interest (I)= P\times r\times t$

Putting values and finding time

$Simple \ Interest (I)= P\times r\times t\\112.50= 500\times 0.045\times t\\112.50=22.5 \times t\\t=\frac{112.50}{22.5}\\t=5$

So, time t = 5

New Balance = Principal + Interest = 500+112.50 = $612.5

d) Principal (P) = ?

Rate (r) = 8% or 0.08

Time (t)= 2 years

Interest earned = 108.00

The formula used is: $Simple \ Interest (I)= P\times r\times t$

Putting values and finding Principal

$Simple \ Interest (I)= P\times r\times t\\108=P\times 0.08 \times 2\\108=P\times 0.16\\P=\frac{108}{0.16}\\P=675$

So, Principal Amount = $675

New Balance = Principal + Interest = 675+108 = $783

8 0

3 years ago

3456

Bumek [7]

idkStep-by-step explanation:

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3 years ago

A pair of consecutive integers has the property that 8 times the lesser is more than 4 times the greater. Find the least pair of

daser333 [38]

2 and 3
negative numbers won't work, nor will 0
1 and 2 won't work because 1*8=2*4
2 and 3 is the answer

5 0

3 years ago

Which number belongs to the solution set of the equation below?

ollegr [7]

The correct answer would be: C. 44
Explanation: If you're trying to find out x's value, you have to do the inverse operation which means if it's subtraction, you add. So to find x's value, you'd add 36 + 8 = x. And 36 + 8 = 44. So therefore, x = 44. That means the answer is C.

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3 years ago

Mitch needs four 10 gram samples of NaCl (Sodium Chloride) for an experiment. Mitch is using a balance that measures to 1/10 of

trapecia [35]

<span>the complete question in the attached figure
</span>
The answer is the option A 9.9 grams
because the balance is accurate to the nearest 1/10 gram; thus, the <span>highest level of accuracy appropriate to the limitations of the balance is 0.10 gram (1/10)</span>

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3 years ago