A bag contains different colored jelly beans. In the bag, there are 5 red jelly

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 ) = ?

Finding the Interest

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

Finding the rate 

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

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

Suppose that we wish to assess whether more than 60 percent of all U.S. households in a particular income class bought life insu

IceJOKER [234]

Answer:

A. 0.0049

B. Yes

Step-by-step explanation:

Sample proportion = 0.64

N = 1000

Population proportion = 0.60

We solve for standard deviation

= √p(1-p)/n

= √0.60(1-0.60)/1000

= √0.60x0.40/1000

= √0.00024

= 0.0155

A.

The probability of sample >=0.64

Z>=0.64-0.60/0.0155

Z >= 0.04/0.0155

So z >= 2.5806

Using excel this equal to 0.0049

0.0049 is probability of sample proportion being 0.64 at least.

B.

This answer in a shows that than 60% of households in the united states income class purchased life insurance last year.

3 0

2 years ago

Las+salchichas+vienen+en+paquetes+de+6+y+los+panes+para+panchos+se+envasan+en+paquetes+de+8+unidades+¿Es+cierto+que+si+se+prepar

vovikov84 [41]

Answer:

Es cierto se usan 16 paquetes de salchichas y 12 paquetes de panes para pancho.

Step-by-step explanation:

Lo que debemos hacer en este caso es dividir la cantidad total de panchos primero por la cantidad de unidades de salchichas que vienen en su paquete y segundo por la cantidad de unidades de panes para panchos que vienen en su paquete, si el resultado nos da un numero entero podemos decir que usa una cantidad completa de paquetes de salchichas y de panes:

96/6 = 16

96/8 = 12

Es decir que para 96 panchos se usan 16 paquetes de salchichas y 12 paquetes de panes para pancho, por lo tanto es cierto.

8 0

3 years ago

Let A = {1,2,3,..., 8, 9, 10} B = {4, 7, 10}

Dovator [93]

The answers to the questions are

(i) B - A = Ф / null set

(ii) A - B = {1, 2, 3, 5, 6, 8, 9}

(iii) (A - B) ∩ (B - A) = Ф / null set

(iv) (A - B) ∪ (B - A) = {1, 2, 3, 5, 6, 8, 9}

A set contains different elements which are mathematical objects of any kind such as numbers, points, spaces, lines e.t.c.

Different types of set are -singleton setsfinite and infinite setsempty or null sets equal sets unequal sets equivalent sets overlapping sets disjoint sets subsets super sets power sets universal sets

According to question,

i ] B - A = 0/null set

ii ] A - B = [ 1,2,3,5,6,8,9 ]

iii ] (A-B) n (B-A) = 0/ null set

iv ] (A-B) u ( B-A) = [ 1,2,3,5,6,8,9 ]

Hence, the answers to the questions are

(i) B - A = Ф / null set

(ii) A - B = {1, 2, 3, 5, 6, 8, 9}

(iii) (A - B) ∩ (B - A) = Ф / null set

(iv) (A - B) ∪ (B - A) = {1, 2, 3, 5, 6, 8, 9}

To understand more about Set Theory refer - brainly.com/question/13458417#SPJ9

4 0

1 year ago

Ticket for football final selling well, on Thursday 4/7 of the tickets are sold, on Friday 1/4 of the tickets are sold, What fra

sergij07 [2.7K]

Answer:

5/28

Step-by-step explanation:

1/1 represents the whole amount of tickets.

4/7 are sold on Thursday.

an additional 1/4 are did on Friday.

fraction of available tickets on Saturday are therefore

1/1 - 4/7 - 1/4 = 4/1 - 16/7 - 1/1 = 28/1 - 16/1 - 7/1 = 5/1

that means out of 28 equal parts of the total number of tickets 16+7 = 23 parts have been sold.

so, there are only 5 out of the total 28 parts available on Saturday, and the fraction of available tickets is therefore 5/28.

we could have also tried to bring both fractions to the same denominator, and found that this is 28.

and then

4/7 + 1/4 = 4/4 × 4/7 + 7/7 × 1/4 =

= 16/28 + 7/28 = 23/28

and the whole is 28/28.

so we have 28/27 - 23/28 = 5/28 left.

surprise, surprise, it is the same result ...

4 0

2 years ago