Complete question is;
If Pablo invests $4200 for 3 years and earns $630
A) what is the simple interest rate?
B) Pablo’s goal is to have $5000 after 4 years. Is it possible with a rate of 6%? Explain.
Answer:
A) Rate = 5%
B) Yes, it is possible for him to earn $5000 after 4 years with an interest rate of 6%
Step-by-step explanation:
A) Formula for interest is;
i = PRT
We are given;
i = 630
P = 4200
T = 3
Making R the subject;
R = i/PT
R = 630/(4200 × 3)
R = 0.05
This is 5%
B) Formula for value of principal after interest period is;
A = P(1 + RT)
P = 4200
R = 6% = 0.06
T = 4 years
Thus;
A = 4200(1 + (0.06 × 4))
A = $5208
Thus, it is possible for him to earn $5000 after 4 years with an interest rate of 6%
Answer:
World shown below!
Step-by-step explanation:
Slope-intercept form: y = mx + b
13y - 2x = 3
Add 2x to both sides;
13y = 2x + 3
Divide both sides by 13;
Answer:
96%
Step-by-step explanation:
I know that 1/20 is 5% and since 25 goes into 100 four times I just subtracted 4 from 100=96
Answer:
Step-by-step explanation:
(a.) The triangles presented in this problem are congruent. We can prove this using the AAA (angle-angle-angle) theorem of similarity. This states that if all three angles of a triangle are equivalent then the sides of the triangles are proportional. We know that all three angles of these triangles are the same since the image shows angle A = angle P, and angle B = angle Q, therefore, angle C = angle R.
(b.) Now that we know the triangles are similar and the sides are proportional, we can simply take a ratio of the sides to solve for x.
(3x+6)/24 = 28/32
3x+6 = (28/32)(24)
3x = 21 - 6
x = 15/3
x = 5
