Answer:
$600 interest will be paid in the first 5 years
Step-by-step explanation:
Simple interest is calculated only on the principal or initial amount deposited. Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. The formula for simple interest is expressed as
I = PRT/100
Where
I represents interest after the given time.
R represents the interest loan on the principal.
T represent number of time in years.
P represents principal or initial amount deposited.
From the information given,
R = 2
P = 6000
T = 5
I = (6000 × 2 × 5)/100 = $600
Answer:
y = -6/5x + 3
Step-by-step explanation:
y = mx + c (or b, depending on where you're from)
Slope = m = -6/5
y = -6/5x + c
You can sub (0, 3) and (5, -3) into y = -6/5x + c and they both have the same answer where c = 3
Therefore, the equation is y = -6/5x + 3
Hop this helps
I think the answer is 25.5. Although, I don't know how you would have half a bike unless there was a 3 wheel bike which would make the answer 24.
Complete question :
The average amount that a college student spends on a textbook is $205 with a
standard deviation of $35. What is the probability that a student spends:
A. between $10 and $310?
Answer:
0.999
Step-by-step explanation:
Mean, m = 205 ; Standard deviation, s = 35
Z = (x - m) / s
x = 310
Z = (310 - 205) / 35 = 3
P(z < 3) = 0.99865
x = 10
Z = (10 - 205) / 35 = - 5.57
P(Z < - 5.5)
P(z < 3) - P(z < - 5.5)
0.99865 - 0
= 0.999
