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Veronika [31]
3 years ago
8

If I put 1500 into my savings account and earned $180.00 of interest at 4% simple interest, how long was my money in the bank?

Mathematics
1 answer:
Lana71 [14]3 years ago
4 0
4% of $1500 is 0.04 x 1500
= 60

So basically each month, $60 interest is saved

180 ÷ 60 is 3, so the money was in the bank for 3 months.
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Sofia invests her money in an account paying 7% interest compounded semiannually. What is the effective annual yield on this acc
vfiekz [6]

Answer:

7.12

Step-by-step explanation:

The formula for the effective annual yield is given as:

i = ( 1 + r/m)^m - 1

Where

i = Effective Annual yield

r = interest rate = 7% = 0.07

m= compounding frequency = semi annually = 2

i = ( 1 + 0.07/2)² - 1

i = (1 + 0.035)² - 1

= 1.035² - 1

= 1.071225 - 1

= 0.071225

Converting to percentage

0.071225 × 100

= 7.1225%

Approximately to 2 decimal places = 7.12

Therefore, the annual effective yield = 7.12

4 0
3 years ago
Consider the equation below
s344n2d4d5 [400]

Answer: B

Step-by-step explanation:

Let's solve the given equation. Then we can see which other equation has the same answer.

-5n+31=-14n-5

36=-9n

n=-4

We need to fina another equation that gives n=4 as the answer.

A. Incorrect

3-6n+3n=-3+4-4n

3-3n=1-4n

n=-2

B. Correct

\frac{11}{4} n+2=-3+\frac{3}{2}n

\frac{5}{4}n=-5

n=-4

C. Incorrect

1=0.75n+3.25

-2.25=0.75n

n=-3

D. Incorrect

-1-22n=-20n-9

8=2n

n=4

7 0
3 years ago
PLZ ANSWER THIS QUESTION <br><br> what is 10 decreased by u.
tigry1 [53]

Answer:

10-u

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Frank and Gertrude mow lawns for extra money over the summer. Frank's income is determined by f(x) = 5x + 15, where x is the num
lys-0071 [83]

Answer:

d. h(x) = 9x + 35, team with Gertrude

Step-by-step explanation:

Just took the test XD.

But also it is solved by simply adding 4x+20 and 5x+15

7 0
3 years ago
Please help. Thank you :)
mixer [17]

Okay, first let's look at what they give us!


The measure of angle 2 is 3x + 1


Measure of angle 3 is 2x + 4


And they give us that one angle is right which means it is 90°


Now if we use what we know of triangles, we know that all the angles in a triangle add up to equal 180 which means if we add angle 2, angle 3, and the right angle together we should get 180. Let's write an equation for it:


3x + 1 + 2x + 4 + 90 = 180


First we will add together liked terms!


3x + 2x = 5x


1 + 4 + 90 = 95


This gets us:


5x + 95 = 180


Second, let's get rid of that 95 by subtracting it from both sides, after doing this it should leave us with:


5x = 85


Third we need to get the x by itself and we can do it by dividing both sides by 5 to get:


x = 17


Now the question asks to find the measure of angle 2, given that angle 2 is 3x + 1 all there is left to do is to plug in 17 for x!

3(17) + 1


51 + 2 to get us 52!


Answer: 52

3 0
3 years ago
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