This is all based on the picture, the simple interest is $500 after 35 years, and the compound interest is almost at $700, so if it is not $200 yet, it has to be $175.

4 0

2 years ago

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What is the value of StartFraction 1 Over 6 Superscript 0 EndFraction? One-sixth 0 1 undefined

Allisa [31]

Answer:

Step-by-step explanation:

just took the test :)

8 0

2 years ago

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Nate has an account that pays 2. 76% simple interest per year and wants to accumulate $3,090 in interest from it over the next 1

lana66690 [7]

We have given that,

interest rate = 2.76%

simple interest = 3,090

term = 15 years

<h3>What is the principle of simple interest?</h3>

$Simple Interest = Principal * interest rate * term$

$3,090 = Principal * .0276 * 15\\3,090 = Principal * 0.414\\3,090 / 0.414 = Principal\\7,463.77 = Principal$

Therefore,Nate should invest 7,463.77 to meet his goal.

To learn more about the simple interest visit:

brainly.com/question/25793394

4 0

1 year ago

Belinda babysits her neighborhood's children in the evening every 14 days. Belinda goes to vist her grandmother in the afternoon

noname [10]

No unless she skips a day or the parents don't Need her to work or they go on vacation

8 0

3 years ago

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