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Grace [21]
4 years ago
12

suppose cho deposits $200 into a bank account for 3 years. the actual interest rate is 5%.Find the simple interest earned

Mathematics
2 answers:
bearhunter [10]4 years ago
8 0
Assuming that the interest rate is annual, the answer is 30. 200 dollars divided by 100% is 2 dollars. 2 dollars is 1% of the whole. 5 % is 2 multiplied by 5. So that's 10 dollars per year, times 3 years is 30. 
Lilit [14]4 years ago
3 0
Its 30. hope I helped
You might be interested in
there are 104 red candies in a candy machine. this represents 26% of the candy in the machine. how many total are in the candy m
Alborosie

There are 400 candies in the machine.

Step-by-step explanation:

Given,

Number of red candies in machine = 104

This represents 26% of the total candies.

Let,

x be the total candies in the machine.

According to statement;

26% of x = 104

\frac{26}{100}*x=104\\0.26x=104

Dividing both sides by 0.26

\frac{0.26x}{0.26}=\frac{104}{0.26}\\x=400

There are 400 candies in the machine.

Keywords: percentage, division

Learn more about percentages at:

  • brainly.com/question/317697
  • brainly.com/question/317616

#LearnwithBrainly

6 0
3 years ago
Please help me with this question please is so hard
den301095 [7]

Answer:

1) $101,400

2) $27,000

Step-by-step explanation:

1) For this, we can first find how much she makes in a year from her salary alone:

$2,200×12= $26400.

Now, she also received a commission of 2.5%, so we can take this percentage from 3 million to find the total from commission:

3,000,000×0.025= $75,000

Adding these two gives us a total of $101400.

2) We can use the Simple Interest Formula to solve this (I= Prt). Plug in the values given to give us:

I= 5000(1.08)(5)

I= $27000

4 0
4 years ago
Help me please!!!!!!!!!!!!!!!1
Cloud [144]
Less than 2 videos = 0 or 1 videos

P(1) = 1 - 0.1 - 0.3 - 0.2 - 0.1 = 0.3

P(0 or 1 video) = 0.1 + 0.3 = 0.4

Answer: 0.4
8 0
4 years ago
Mike measured the height of an art frame as 6.33 feet, but the actual height was 7 feet. what is the percent of error in mike's
natulia [17]

Answer:

the error is 7-6.33=0.67

the percentage of error is (0.67/7)×100≈9.5%

6 0
2 years ago
The soccer team won 12 out of 14 games. If this rate continues, how many games will they win if they play a total of 21 games
Gwar [14]
If they won 12 out of 14 games that will be about 85 percent
i think your answer will be 18
3 0
4 years ago
Read 2 more answers
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