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3 years ago

Calculate the simple interest paid on a loan of $544 at 3% for three months.

Mathematics

1 answer:

exis [7]3 years ago

5 0

Answer:

Step-by-step explanation:

Answer: interest at the end of 3 months is $4.08

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

From the information given

T = 3 months = 3/12 = 0.25 years

P = $544

R = 3%

Therefore

I = (544 × 3 × 0.25)/100

I = 408/100

I = 4.08

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Allison invested $70,000 in an account paying an interest rate of 6.2%

jeka94

Answer and Step-by-step explanation:

First, you need to make the function to represent the information given.

We start with 70,000 in the account, and have an interest rate of 6.2%.

We want to know how long it will take to get $223,200.

The equation for simple interest is:

A = $P(1 + rt)$

Where A is the total amount, P is the principle amount of money, r is the rate, and t is the time.

Now, we plug in the values and solve for t.

$223,200 = 70,000(1+6.2t)$

$\frac{\frac{223,200}{70,000} -1}{6.2} = t$

t = 0.353

Multiply by 100 to get the years.

t = 35.3

So, it will take Allison 35.3 years to get 70,000 dollars to 223,200 dollar with an interest rate of 6.2%

#teamtrees #PAW (Plant And Water)

I hope this helps!

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3 years ago

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What additional information would you need to prove that ΔABC ≅ ΔDEF by SSS?

Ludmilka [50]

For the answer to the question above asking What additional information would you need to prove that ΔABC ≅ ΔDEF by SSS?
The answer to your question is AB = DE & BC = EF, so the only sides missing are AC = DF, 

so Side AC is congruent to side DF is the answer.

I hope my answer helped you. Have a nice day!

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3 years ago

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Which answers are examples of the Law of Detachment?

Molodets [167]

Answer:

The answer would be A and D, I just took the quiz

Step-by-step explanation:

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3 years ago

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Samantha’s rectangular gift is 10 inches. by 12 inches and is framed with a ribbon. She wants to use the same length of ribbon t

yanalaym [24]

Answer:

7 inches

Step-by-step explanation:

The dimension of the rectangular gift is 10 by 12 inches so let us find the perimeter of this rectangle.

Perimeter of rectangular gift = 2 (L+ W) = 2 (10 +12) = 44 inches

Since we are to use the same length of ribbon to wrap a circular clock so the perimeter or circumference of the clock should be no more than 44 inches.

$2\pi r=44$