All categories

3 years ago

Monty invested $8600 in a savings account with a yearly interest rate of 5% for 12 years. How much simple interest did he earn?

Mathematics

2 answers:

Korvikt [17]3 years ago

8 0

SI=P*R*T
=8600*0.05*12
=5160

hope this helps!!

Lady bird [3.3K]3 years ago

8 0

5% of 8600 is 430 so he makes $430 every year
he makes $5,160 in 12 years

You might be interested in

What is an annual interest rate?

balu736 [363]

It is the interest rate for a whole year. it is also known as the annual percentage rate

4 0

4 years ago

(4x-5)^3 - (x^2 + 4x+1)(4x-3)=?

neonofarm [45]

Answer:

64x^3-241x^2+296x-125

Step-by-step explanation:

8 0

4 years ago

Read 2 more answers

.A candle maker purchased packaging boxes to ship cylindrical candles to customers. The boxes measure 6 in. by 6 in. by 10 in. T

harina [27]

If you meant a thickness of 1/2 inch. . .
Because the inserts are put on all the sides, the dimensions of the usable space are 5 X 5 X 9. This means the diameter of the base is 5. The radius is half the diameter, so we divide 5 by 2 to get the radius. 5/2 = 2.5. Now, we plug in the radius and the height (9) into the formula for the volume of a cylinder, which is $volume= \pi r^{2} h$

$v= \pi 2.5^{2} *9=176.6 inches^{3}$

So, D is correct.

6 0

3 years ago

Evaluate the function at f(-4)

QveST [7]

Answer:

this mean that when x equals -4 what is y. y=2

8 0

4 years ago

Select the correct answer from each drop-down menu.The center of the circle is at O. Segment AB is tangent to circle O at point

IRISSAK [1]

Based on the tangent theorem, m∡ADO = 90°.

Based on the angles of intersecting chords theorem, m∡CGF = 1/2(mCF + mDE).

What is the Angles of Intersecting Chords Theorem?

The angles of intersecting chords theorem states that when two chords in a circle intersect, the angle formed inside the circle at the point of intersection has a measure that is half of the sum of the measures of the intercepted arcs that are formed by the angle and its vertical angle.

<h3>What is the Tangent Theorem?</h3>

According to the tangent theorem, if a line is tangent to a circle, the segment forms a right angle at the point of tangency with the radius of the circle.

Since line AB is tangent to circle O at point D, therefore, based on the tangent theorem:

The measures of angle ADO = 90°

Chord CE and DF intersect in the circle, therefore, based on the angles of intersecting chords theorem:

The measure of CGF = 1/2(mCF + mDE).

Learn more about the tangent theorem on:

brainly.com/question/9892082

#SPJ1

4 0

1 year ago