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Tasya [4]
3 years ago
13

What is the interest due on $5,000 at 11% for 3 years?

Mathematics
2 answers:
g100num [7]3 years ago
6 0
Amount after 11 years = 5000(1 + 0.11)^3 =  $6838.16

so interest is 1638.16 dollars
Maru [420]3 years ago
6 0
Simple interest is:
I=prt
Interest
Portion of money starting with
Rate
Time
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Step-by-step explanation:

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A van travels 150 miles on 6 gallons of gas. How many gallons will it need to travel 325 miles?
shtirl [24]
<h3>Answer:  C) 13 gallons</h3>

============================================================

Work Shown:

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150/6 = 325/x

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x = 13 gallons is the final answer

-----------

Note: in this step, I cross multiplied. The general template for cross multiplication is that we go from A/B = C/D to A*D = B*C. As the name implies, the "cross" refers to the "X" shape that forms when you multiply the terms.

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2 years ago
Jennifer wants to take a trip around the world. She plans to deposit $125 at the beginning of each month into an investment with
andre [41]
The formula of the future value of annuity due is
A=p [(1+r/k)^(kn)-1)/(r/k)]×(1+r/k)
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