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
Elis [28]
3 years ago
10

Peter inherits 15.000 dollars and place money with a bank. The interest rate are 3 percent. How many money will he get after 1ye

ar?
Mathematics
1 answer:
NeTakaya3 years ago
5 0
The simplest form of an interest equation is A = P(1+rt)

where A = the total amount of money at the end, P = the principal (or amount of money you started with), r = the rate in percent, and t = the time in years.

In this case, P = 15000, r = 0.03 (because 3% in decimal form is 0.03), and t = 1:

A=P(1+rt)\\A=15000(1+0.03*1)\\A=15000(1+0.03)\\A=15000(1.03)\\A=15450

So, after 1 year he will get $15450 back, making him $450 more.
You might be interested in
3. The cost of the city permits needed to build this building is 150,000 no matter how many floors with
natima [27]

Answer:

P(x) = 150000

Slope = 0

Step-by-step explanation:

Given

Cost = 150000

Solving (a): The cost function:

From the given parameter, it shows that the number of floor has no effect on the floors.

So, represent the floors with x.

The cost function is:

P(x) = 150000

Solving (b): The slope and its interpretation

A function is represented as:

f(x) = b + mx

Where:

m=slope

By comparing: f(x) = b + mx to P(x) = 150000

m = 0

So:

Slope = 0

<em>What it means is that, no matter the number of floors, the cost remains unchanged.</em>

4 0
3 years ago
If tax is 8.75%, and the bill total is $97.50, how much tax will be added to the bill? How much will the total bill be?
faltersainse [42]
97.50 / 8.75 is 5.40 so yeah thats the awnser and stuff
4 0
3 years ago
Read 2 more answers
What is 4 1/2 ÷ 2 3/4?
lana [24]

Answer: The correct answer is 27/26 or 1 11/16

Step- by-step explanation:

3 0
3 years ago
Read 2 more answers
PLEASE HELP IM BEGGIN YOU .
vfiekz [6]

Answer:

1/2

Step-by-step explanation:

Pick two points on the line

(0,-4) and (2,-3)

Using the slope formula

m = (y2-y1)/(x2-x1)

    = (-3 - -4)/(2 -0)

    (-3+4)/(2-0)

    1/2

6 0
2 years ago
Read 2 more answers
A company producing tennis racquets found that 3% of the racquets they produce are defective. The racquets are sent to shops in
a_sh-v [17]

Answer:

0.82

Step-by-step explanation:

The question says that three percent (3 out of 100) of the rackets (racquets) produced by the company are found to be defective.

First thing to calculate is the probability that 1 in a box of 6 rackets are defective.

That probability is gotten by cross multiplying, as illustrated below;

3 - 100

x - 6

x = (6×3)/100 = 18/100 = 0.18

Since the probability of having/finding 1 defective racket in a box of 6 is 0.18, the probability of finding more than 1 (minimum of 2 and maximum of all six) defective rackets in same box would be (1 - 0.18) = 0.82

6 0
3 years ago
Other questions:
  • How to divide 246 divided by 6?
    14·1 answer
  • What is the b-value?
    8·1 answer
  • The second side of a triangular deck is 5 feet longer than the shortest side and a third side that is 5 feet shorter than twice
    12·1 answer
  • Let f be a continuous function defined on the interval [0,1] such that f(0) = f(1). Show that there exists a number 0 &lt;= a &l
    10·1 answer
  • What number is39% of 120
    7·2 answers
  • I NEED THIS ASAP!!!!
    13·1 answer
  • Yooo someone
    15·1 answer
  • Topic integers<br> please solve this question <br> urgent
    14·1 answer
  • 2 1/3 x 4 4/5as a fraction
    9·2 answers
  • In a volatile housing market, the overall value of a home can be modeled by V(x) - 325x? - 4600x + 145000, where V represents th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!