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Lera25 [3.4K]
3 years ago
12

A $5000 investment earns $1575 simple interest in three years. What is the annual interest rate?

Mathematics
2 answers:
balandron [24]3 years ago
8 0
Use the formula: I = prt 1575 = (5000)(3)r Multiply 5000 * 3

your answer would be 10.5, which if u have the same question like me its going to be "C"
ELEN [110]3 years ago
6 0
The answer is 3.17 remainder 4
The way i got the answer was by dividing 5000 by 1575 and the answer was checked by multiplying 3.17 and 1575
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Mr Hughes is competing in the Mr. Legs campaign to raise money for the coral shores high school scholarship fund. On the first d
lakkis [162]
<span>The number of dollars collected can be modelled by both a linear model and an exponential model. To calculate the number of dollars to be calculated on the 6th day based on a linear model, we recall that the formula for the equation of a line is given by (y - y1) / (x - x1) = (y2 - y1) / (x2 - x1), where (x1, y1) = (1, 2) and (x2, y2) = (3, 8) The equation of the line representing the model = (y - 2) / (x - 1) = (8 - 2) / (3 - 1) = 6 / 2 = 3 y - 2 = 3(x - 1) = 3x - 3 y = 3x - 3 + 2 = 3x - 1 Therefore, the amount of dollars to be collected on the 6th day based on the linear model is given by y = 3(6) - 1 = 18 - 1 = $17 To calculate the number of dollars to be calculated on the 6th day based on an exponential model, we recall that the formula for exponential growth is given by y = ar^(x-1), where y is the number of dollars collected and x represent each collection day and a is the amount collected on the first day = $2. 8 = 2r^(3 - 1) = 2r^2 r^2 = 8/2 = 4 r = sqrt(4) = 2 Therefore, the amount of dollars to be collected on the 6th day based on the exponential model is given by y = 2(2)^(5 - 1) = 2(2)^4 = 2(16) = $32</span>
4 0
3 years ago
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Please answer this correctly
musickatia [10]

There are 4 quarts in 1 gallon.

3 x 4 = 12

12 + 2 = 14 quarts

Hope this helps!! :)

6 0
3 years ago
Can someone pls help need it ASAP and can you pls explain in full detail how to do it
GenaCL600 [577]

Answer:

x= 1 , y=4

Step-by-step explanation:

x-y= -3 => Equation 1

x+5y= 21 => Equation 2

<u>Substitut</u><u>ion</u><u> </u><u>Method</u><u>:</u>

<u>Substitu</u><u>te</u><u> </u><u>Equation</u><u> </u><u>1</u>=>

x=y-3 <= Equation 3

Put x=y-3 in Equation 2:

x+5y=21

( y-3)+5y=21

y-3+5y=21

6y-3=21

6y=21+3

6y=24

y=24÷6

y=4

Put y=4 in Equation 1:

x-y= -3

x-4=-3

x=4-3

x=1

Hope this helps :)

8 0
2 years ago
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