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Flauer [41]
3 years ago
5

How much should you invest at 4% simple interest in order to earn $50 interest in 6 months

Mathematics
1 answer:
LenaWriter [7]3 years ago
4 0
Simple interest formula
Interest = Pit = $50
P=principal (initial investment)
i=annual interest rate = 0.04
t=time in years = 6 months = 0.5 years

Substitute values,
$50 = P*0.04*0.5 
Solve for P
P=$50/(0.04*0.5)=$2500


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Answer:

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Help me please!!! I really need it!
Sati [7]

<u>Answer:</u> The value of x can be either 5 or 10.

<u>Step-by-step explanation:</u>

We are given:

Total profit, P = $5600

The given equation follows:

⇒ P = 600 + 1500x - 100x²

Putting value of P in above equation, we get:

⇒ -100x² + 1500x + 600 = 5600

⇒ -100x² + 1500x - 5000 = 0

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Solving this equation by middle term split, we get:

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⇒ (x - 10)(x - 5) = 0

⇒ x = 10, 5

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8 0
3 years ago
D) IfA: B = 1 : 2 and A: C= 2:3, find B: C.​
DaniilM [7]

Answer:

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Was it helpful?

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8 0
3 years ago
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ElenaW [278]

Answer:

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Read 2 more answers
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