Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
<span>1 hour and 1/3rd of an hour
</span>
so A is right
<span>Found a similar problem with the given table.
Elapsed time
(Minutes) 0 10 20 30 40 50 60 70 80 90
Rate
(gallons / minute) 42 40 38 35 35 32 28 20 19 10
Because the interval is every 10 minutes, we will use 10 and multiply it to each rate and get the sum total.
42*10 + 40*10 + 38*10 + 35*10 + 35*10 + 32*10 + 28*10 + 20*10 + 19*10 + 10*10
420 + 400 + 380 + 350 + 350 + 320 + 280 + 200 + 190 + 100
2,990
There will be a total of 2,990 gallons in the tank after 90 minutes. </span>
