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PIT_PIT [208]
3 years ago
14

Item 8 An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. $ b. Find the balance of the accoun

t. $
Mathematics
1 answer:
dem82 [27]3 years ago
7 0

Answer:

56.00 for a year is the interest

336.00 is for the 6 years if it is 8% for every year.  

1036.00 will be the balance of the account if the interest is 8% per year.  

Step-by-step explanation:

multiply 700.00 x 8% = 56.00 a year

multiply 56.00 x 6 = 336.00

then you add 336.00 + 1036.00 = $1036.00

You might be interested in
Diego deposited \$ 10,000$10,000 for 44 years at a rate of 6\%6% simple interest. ​Find the amount of interest Diego earned afte
timama [110]

Answer:

$2,400

Step-by-step explanation:

Note: The correct years is 4 not 44

The Principal  = $10,000

Time period = 4 years

Rate = 6 % p.a.

Simple Interest = Principal * Rate * Time

Simple Interest = $10,000 * 6% * 44

Simple Interest = $2,400

So, the amount of interest Diego earned after four years is $2,400

8 0
3 years ago
I'LL MARK U BRAINLIEST!!! <br> 4x+3(2x-1)-4x
vlabodo [156]

Answer:

6x-3

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
In a recent survey of 25 voters, 17 favor a new city regulation and 8 oppose it. What is the probability that in a random sample
Rasek [7]

Answer:

P(X=2)=(6C2)(0.68)^2 (1-0.68)^{6-2}=0.0727

Step-by-step explanation:

1) Previous concepts

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

2) Solution to the problem

The probability in favor of the regulation based on the recent survey is:

p = \frac{17}{25}=0.68

Let X the random variable of interest "Number of favor respondents about the regulation", on this case we now that:

X \sim Binom(n=6, p=0.68)

The probability mass function for the Binomial distribution is given as:

P(X)=(nCx)(p)^x (1-p)^{n-x}

Where (nCx) means combinatory and it's given by this formula:

nCx=\frac{n!}{(n-x)! x!}

And we want to find this probability:

P(X=2)=(6C2)(0.68)^2 (1-0.68)^{6-2}=0.0727

If we use X= "Number of respondednts opposed to the regulation we got the same answer", but on this case p = 1-0.68=0.32, and we want this probability:

P(X=4)=(6C4)(0.32)^4 (1-0.32)^{6-4}=0.0727

6 0
3 years ago
What is the value of x?
riadik2000 [5.3K]
The answer is D 105 because i know
7 0
2 years ago
Read 2 more answers
True or False?<br><br> (9x - 8) - (x + 4) = 8x +12
NNADVOKAT [17]

Step-by-step explanation:

(9x-8)-(x+4)=8x+12

9x-8-x-4=8x+12

8x-12=8x+12 (no it's not)

So it's false.

Hey guys! I need help with this question urgently, so could you please help me out? Thanks in advance! Merry Christmas!

Question: brainly.com/question/19989741

3 0
3 years ago
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