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hram777 [196]
3 years ago
12

An amount of $8,000 is invested at a simple interest rate of 1.5%. What is the total amount after 3 years?

Mathematics
2 answers:
VikaD [51]3 years ago
8 0

For simple interest, the interest for each year is calculated on the initial principal itself.
So, for a period of 3 years, the total interest will be

<span> <span>(1.5% of 8000)×3=<span><span>1.5⋅3⋅8000</span>100</span>=360</span> </span>

So the total amount at the end of the period

<span>=Principal+Interest=8000+360=<span>8360</span></span>
aliina [53]3 years ago
6 0
I=PRT
P=8000
R=0.015
T=3

I=8000*0.015*3=360

total amount=8000+360=$8360
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number of favourable events/number of total events

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5 0
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Answer:

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Step-by-step explanation:

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it mean that point p divides the line AB into 3:4 ratio.

and

if there are two points (x1,y1) and (x2,y22) which is divided by point p in the ratio m:n then

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p (x = (n*x1+m*x2)/m+n , y = (n*y1+m*y2)/m+n )

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Given the points AB

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5 0
3 years ago
Which graph has a slope of 4/5 ?
svlad2 [7]

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5 0
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Step-by-step explanation:

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3 years ago
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uysha [10]
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6 0
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