You deposit $1600 in an account. The annual interest rate is 5% for 3 years. How much

Mathematics

1 answer:

kifflom [539]3 years ago

7 0

Answer: $240

Step-by-step explanation:

Simple interest= Principal x Rate x Time

Where P= 1600, R= 5% = 0.05, T=3

= 1600 x 0.05 x 3

$240

You might be interested in

The relative growth rate for a certain type of bacteria population is 85% per hour. A small culture has formed and in just 2 hou

harkovskaia [24]

Let us assume the initial number of bacteria in the culture = xAfter 1 hour,The number of bacteria = 185x/100 = 1.85xAfter 2 hours,The number of bacteria = (185 * 1.85x)/100 = 3.42xSo3.42x = 12500x = 12500/3.42 = 3654.97 = 3655From the above deduction, we can conclude that the initial number of bacteria in the culture is 3655.

8 0

3 years ago

Read 2 more answers

Big Ben, the famous clock tower in London, has a minute hand that is 14 feet long. How far does the tip of the minute hand of Bi

ycow [4]

Answer:

36.65 ft (2 dp)

Step-by-step explanation:

Angles around a point sum to 360°
1 hour = 60 minutes

Therefore, the minute hand of a clock travels 360° in 60 minutes

Number of degrees the minute hand will travel in 25 minutes:

$\sf =\dfrac{360}{60} \times 25=150^{\circ}$

To find how far the tip of the minute hand travels in 25 minutes, use the Arc Length formula:

$\textsf{Arc length}=2 \pi r\left(\dfrac{\theta}{360^{\circ}}\right)$

$\textsf{(where r is the radius and}\:\theta\:{\textsf{is the angle in degrees)}$

Given:

r = length of minute hand = 14 ft
$\theta$ = 150°

$\begin{aligned}\implies \textsf{Arc length} &=2 \pi (14)\left(\dfrac{150^{\circ}}{360^{\circ}}\right)\\ & = 28\pi \left(\dfrac{5}{12}\right)\\ & = \dfrac{35}{3} \pi \\ & = 36.65\: \sf ft\:(2\:dp)\end{aligned}$