3 years ago

if 500 is deposited into an account earning 6 percent simple interest what is the future value in 6 years how do you work it put

1 answer:

4 0

$\bf \qquad \textit{Simple Interest Earned Amount}\\\\
A=P(1+rt)\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$500\\
r=rate\to 6\%\to \frac{6}{100}\to &0.06\\
t=years\to &6
\end{cases}
\\\\\\
A=500(1+0.06\cdot 6)$

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In a recent survey about what food was your favorite take-out, it was determined that 40% of students preferred pizza, 32% of st

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Answer:

576 students choose cheeseburgers

Step-by-step explanation:

Given: In a survey, it was determined that 40% of students preferred pizza, 32% of students preferred cheeseburgers, and 28% of students preferred tacos.

To find: Number of students out of 1800 who choose cheeseburgers

Solution:

Percentage of students who preferred cheeseburgers = 32%

Total number of students = 1800

Number of students out of 1800 who choose cheeseburgers = $\frac{32}{100}(1800)=576$