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sweet [91]
3 years ago
5

Can somebody help me with this problem

Mathematics
1 answer:
Andrew [12]3 years ago
5 0
Number of calico crayfish
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What simple interest rate would allow $6000 to grow to an amount of $14550 in 10 years?
Harman [31]

Answer:

\boxed{ \bold{ \huge{  \boxed{ \sf{ \: 14.25 \: \% \: }}}}}

Step-by-step explanation:

Given,

Principal ( P ) = $ 6000

Amount ( A ) = $ 14550

Time ( T ) = 10 years

Rate ( R ) = ?

<u>Finding </u><u>the </u><u>Interest</u>

The sum of principal and interest is called an amount.

From the definition,

\boxed{ \sf{Amount =  \: Principal + Interest}}

plug the values

⇒\sf{14550 = 6000 + Interest}

Swap the sides of the equation

⇒\sf{6000 + Interest = 14550}

Move 6000 to right hand side and change its sign

⇒\sf{Interest = 14550 - 6000}

Subtract 6000 from 14550

⇒\sf{Interest = \: 8550 \: }

Interest = $ 8550

<u>Finding </u><u>the </u><u>rate </u>

{ \boxed{ \sf{Rate =  \frac{Interest \times 100}{Principal \times Time}}}}

plug the values

⇒\sf{ Rate = \frac{8550  \times 100}{6000 \times 10} }

Calculate

⇒\sf{Rate =  \frac{855000}{60000} }

⇒\sf{Rate = 14.25 \: \% \: }

Hope I helped!

Best regards!!

8 0
3 years ago
we have 4 1/2 cups of chocolate chips. a batch of our madison cookies requires 3/4 cup of chocolate chips. how many batches can
My name is Ann [436]

Answer:

You can make 6 batches of cookies.

Step-by-step explanation:

3/4 + 3/4 = 1 1/2 (2)

1 1/2 + 1 1/2 = 3 (4)

3 + 1 1/2 = 4 1/2 (6)

7 0
3 years ago
Lavinia has 9 glasses and 6 mugs . she would like to set them out in identical groups with none left over in preparation for a p
sergejj [24]
You must find the factors of each number...
9 = 1, 3, 3, 9
6 = 1, 2, 3, 6

Next, determine the common multiple...
9 = 1, 3, 3, 9
6 = 1, 2, 3, 6

Therefore, the most groups Lavinia can make without any glasses or mugs left to spare is 3.
3 0
4 years ago
Read 2 more answers
A graduated cylinder containing 40 mL of water has a total mass of 60 g. A solid object carefully lowered into the graduated cyl
Kruka [31]
I need someone to help me with frech do u know frech
4 0
3 years ago
Guys help me with the number 1 please
Damm [24]
4y-y is NOT equivalent to 4.
4 is multiplied by 'y', and then 'y' is subtracted from that equation. Even if y=1, your equation would look like 4x1-1=3.


Hope that made sense:)
8 0
3 years ago
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