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oksano4ka [1.4K]
3 years ago
11

Assume that you set aside $500 per year, and invest that money over the next five years in an account earning 6%. What is the am

ount of interest you will earn on this investment?
Mathematics
1 answer:
Blizzard [7]3 years ago
3 0

Answer:

150

Step-by-step explanation:

This is a case of simple interest.

The formula for this is as follows:

S.I = PRT/100

P = principal = $500

R = Rate = 6%

T = Time .= 5 years

Substituting all in the earlier equation will yield:

S.I = (500 * 6 * 5)/100 = 15,000/100 = $150

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6 0
3 years ago
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Two siblings' ages have a sum of 64 years. The older sibling was born 6 years before their young sibling.
Elina [12.6K]

Hi!

So we have to make a system of equations here.

Let sibling 1 be O and sibling 2 be Y (for older and younger)

So:

O + Y = 64

O = 64 - Y

(Either one works)

The older sibling is 6 years older.

O = Y + 6

Make everything in terms of Y.

64 - Y = Y + 6

Same to both:

58 = 2y

2y = 58

Divide by 2 on both sides:

y = 29

Since the older sibling is 6 years older:

29 + 6 = 35

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O = 35

Let me know if you have any questions.

4 0
3 years ago
X + y = 24
Masja [62]

Answer:

(10, 14)

Step-by-step explanation:

To solve this system let's use substitution:

Solve the first equation for x, obtaining x = 24 - y, and then substitute 24 - y for x in the second equation:

3(24 - y) + 5y = 100

Performing the indicated multiplication, we get:

72 - 3y + 5y = 100

Combining like terms results in 72 - 100 = -2y, or -28 = -2y

Thus, y must be 14.

If y = 14, then the first equation tells us that x = 10.

Check:  Is this true?  3(10) + 5(14) = 100  YES

The solution is (10, 14).

What was it about the questions on the best that you were supposed to compare to this solution?

8 0
3 years ago
I need help how to solve it mot the answer plz and thank u
jek_recluse [69]
The second one would be the answer. You want to plug in for this question. You can divide over the five leaving you with (x-2)^2 =25. Since you are squaring this answer, you want to get either 5 or negative five. Both -3 and 7 will do that.
4 0
3 years ago
Read 2 more answers
Simplify the following expression.
zimovet [89]

Answer:

B. 51

Step-by-step explanation:

first do inside the parenthesis

83 - 4 * (6-4)^3 = 83 - 4 * (2)^3

now multiply 4 and the third power of 2  (the third power of 2 is 2x2x2=8)

83 - 4 * (2)^3 = 83 - 32 subtract  and the answer is 51

7 0
3 years ago
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