1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katyanochek1 [597]
3 years ago
5

A sum of money invested at 8% per annum for simple interests amounts to $12122 in 2 years.What ill it amounts to in 2 years 8 mo

nths at 9% rate of interest?
Mathematics
1 answer:
Jobisdone [24]3 years ago
3 0

Answer:

  $12,958

Step-by-step explanation:

The total amount of the account, principal plus interest, is given by ...

  A = P(1 +rt)

The given information tells us ...

  12,122 = P(1 + .08×2) = 1.16P

Then the principal amount is ...

  12,122/1.16 = 10,450

__

When that same amount is invested using a different rate and time period, it becomes ...

  A = 10,450(1 + .09×(2 2/3)) = 10,450×1.24 = 12,958

It will amount to $12,958 in 2 years 8 months at 9%.

You might be interested in
Can you Afford to Enlarge this?You each want to have a 3" X 5' picture ofprinted so that you canput it on your dartboard. It cos
Marizza181 [45]

Given:

\text{ Dimension = 3}\times5

Sol:

Area of picture is:

\begin{gathered} =\text{ length}\times\text{ Width} \\  \\ =15 \end{gathered}

If the cost $10 per square inch then price of 15 square inch is:

\begin{gathered} =15\times10 \\  \\ =150 \end{gathered}

If the quadruple of dimension that mean:

\begin{gathered} \text{ l ength = 4 length} \\  \\ Width\text{ = 4 width} \end{gathered}

So area is:

\begin{gathered} A=4\text{ length}\times4\text{ Width} \\  \\ A=4(15) \\  \\ A=60 \end{gathered}

So price is:

\begin{gathered} =60\times10 \\  \\ =600 \end{gathered}

3 0
1 year ago
There is a Saturday performance at a local theater. A theater charges $9 for an adult ticket and $4 for a child ticket. All 1020
Whitepunk [10]
Let x tickets sold be adults, then (1024-x) were of childrens tickets, 9x+(1024-x)4 = 7680. The above equation is for total money solve it you will get x=720 hence, number of adult tickets were 720 and number of child tickets were 300 :)
5 0
3 years ago
Read 2 more answers
a store buys shirts for $12 each and marks up the price by %25. what is the price for a shirt at this store??
iren [92.7K]

Answer:

15

Step-by-step explanation:

12 x 0.25= 3

12+3=15

8 0
2 years ago
Two mechanics worked on a car. The first mechanic worked for 5 hours, and the second mechanic worked for 15 hours. Together they
madam [21]

Answer: The mechanic who worked 5 hours charged $45 per hour while the mechanic who worked for 15 hours charged $105 per hour.

Step-by-step explanation:

Let x be the rate of mechanic who worked 5 hours

And y, the rate of mechanic who worked 15 hours

Represent the question in an equation

x + y = 150.............. equation 1

5x + 15y = 1800........equation 2

x + y = 150, x = 150 -y

Substitute the value of x into equation 2 to get y

= 5 (150 -y) + 15y = 1800

Then open the bracket

750 - 5y + 15y = 1800

750 + 10y = 1800

10y = 1800 - 750

10y= 1050 (divide both sides by 10)

y = 1050/10

y = 105

Substitute the value of y into equation 1 to get the value of x

x + 105 = 150

x = 150 - 105

x = 45

Therefore, the mechanic who worked 5 hours charged $45 per hour while the mechanic who worked for 15 hours charged $105 per hour.

I hope this is clear, mark as brainliest please

3 0
3 years ago
Write the improper fraction 3310 as a mixed number.
Lerok [7]

the answer is 3 3/10

8 0
2 years ago
Read 2 more answers
Other questions:
  • Soling two step inequalities<br> d=5v+m, solve for v
    6·1 answer
  • I need help guys u u help me show my work what is 62 divid by 8,090
    11·2 answers
  • <img src="https://tex.z-dn.net/?f=7%5Csqrt%7B3%7D%20%2B%5Csqrt%7B63" id="TexFormula1" title="7\sqrt{3} +\sqrt{63" alt="7\sqrt{3}
    11·1 answer
  • -1=-3r+2r<br> How can you write the steps to this problem?
    13·1 answer
  • What is the sign of -567.45 + 567.45? Choose 1 answer: Choose 1 answer: (Choice A) A Positive (Choice B) B Negative (Choice C) C
    5·2 answers
  • 3.15x4.12=<br><img src="https://tex.z-dn.net/?f=3.15x4.12%20%3D%20" id="TexFormula1" title="3.15x4.12 = " alt="3.15x4.12 = " ali
    13·1 answer
  • What is the answerrrrr to this
    14·1 answer
  • Dont need the math just the answers!
    10·2 answers
  • Gia receives an allowance of $2 a week and already has $20 in savings. Michael receives an allowance of $3 a week and already ha
    7·1 answer
  • What would be the ending bank balance?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!