Answer: 4 years after the original investment, it is approximately $1,093.
Step-by-step explanation:
Hi, to answer this question we have to apply the simple interest formula:
I = p x r x t
Where:
I = interest
P = Principal Amount
r = Interest Rate (decimal form)
t= years
Replacing with the values given
I = 1000x (2.25/100) x t
- It will triple in approximately 3 years. FALSE
I = 1000x (2.25/100) x 3 =67.5
1000+67.5 = 1067.5
- It will no longer grow after several years: False, it will grow because it has a growth rate.
- 4 years after the original investment, it is approximately $1,093. TRUE
I = 1000x (2.25/100) x 4 =90
1000+90 = $1090
- It will double in approximately 10 years.
I = 1000x (2.25/100) x 10 =225
1000+90 = $1225
Feel free to ask for more if needed or if you did not understand something.
Answer:
1
/16
Step-by-step explanation:
Answer:
1
Step-by-step explanation:
I used a calculator.
correct me if I'm wrong
Answer:
B
Step-by-step explanation:
Please give me brainliest :)
Answer:
Step-by-step explanation:
Dad: 2/5
Son: 1/3
<u>Who mowed most of the lawn? </u> Dad, of course. 2/5 is larger than 1/3. 2/5 is 40% and 1/3 is 33.333%
<u>How much of the lawn still needs to be mowed? </u>
2/5 + 1/3 + X = 1 [1 means the whole lawn. X is the remaining portion.]
6/15 + 5/15 + X = 1 [Convert each fraction so that they have a com,mon denominator. This also shows that 2/5 (6/15) is larger than 1/3 (5/15).
11/15 + X = 1
X = 1 - 11/15
X = 4/15 left to be mowed.
<u>How much does Mr. Doyle have left to mow?</u>
We'll assume each rate is the same, 2/5 for Dad and 1/3 for son.
4/15 left to be mowed.
Dad will mow 2/5 of 4/15, so (2/5)*(4/15) = 8/75 left of the original yard
Son will mow 1/3 of 4/15, so (1/3)*(4/15) = 4/45 left of the original yard
