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Scorpion4ik [409]
3 years ago
10

If the principal is $350 and the interest rate is 3 percent, what is the simple interest earned in one year?

Mathematics
1 answer:
Ivan3 years ago
5 0

Answer:

The simple interest earned in one year is $10.5

Step-by-step explanation:

Simple interest = p × r × t

Where,

p = principal

r = interest rate

t = time

Principal= $350

Interest rate = 3%

=3/100

=0.03

Time= 1 year

Simple interest = p × r × t

= $350 × 0.03 × 1

= $10.5

The simple interest earned in one year is $10.5

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Two cars simultaneously left Points A and B and headed towards each other, and met after 2 hours and 45 minutes. The distance be
Oksana_A [137]
<h2>Hello!</h2>

The answers are:

FirstCarSpeed=41mph\\SecondCarSpeed=55mph

<h2>Why?</h2>

To calculate the speed of the cars, we need to write two equations, one for each car, in order to create a relation between the two speeds and be able to calculate one in function of the other.

So,

Tet be the first car speed "x" and the second car speed "y", writing the equations we have:

For the first car:

x_{FirstCar}=x_o+v*t

For the second car:

We know that the speed of the second car is the speed of the first car plus 14 mph, so:

x_{SecondCar}=x_o+(v+14mph)*t

Now, from the statement that both cars met after 2 hours and 45 minutes, and the distance between to cover (between A and B) is 264 miles,  so, we can calculate the relative speed between them:

If the cars are moving towards each other the relative speed will be:

RelativeSpeed=FirstCarSpeed-(-SecondCarspeed)\\\\RelativeSpeed=x-(-x-14mph)=2x+14mph

Then, since we know that they covered a combined distance equal to 264 miles in 2 hours + 45 minutes, we have:

2hours+45minutes=120minutes+45minutes=165minutes\\\\\frac{165minutes*1hour}{60minutes}=2.75hours

Writing the equation:

264miles=(2x+14mph)*t\\\\264miles=(2x+14mph)*2.75hours\\\\2x+14mph=\frac{264miles}{2.75hours}\\\\2x=96mph-14mph\\\\x=\frac{82mph}{2}=41mph

So, the speed of the first car is equal to 41 mph.

Now, for the second car we have that:

SecondCarSpeed=FirstCarSpeed+14mph\\\\SecondCarSpeed=41mph+14mph=55mph

We have that the speed of the second car is equal to 55 mph.

Hence, the answers are:

FirstCarSpeed=41mph\\SecondCarSpeed=55mph

Have a nice day!

7 0
3 years ago
A bag of oranges weighs 5 1/4 pounds. how much do (1 &amp; 1/2) bags weigh
siniylev [52]
One bag is 5 1/4 pounds so you need to multiply that by 1 1/2 or 3/2 as an improper fraction

21/4 x 3/2 =63/8   change that to a proper fraction to get 7 7/8 lbs
5 0
3 years ago
Read 2 more answers
How big is it? I need to know like fr
ziro4ka [17]

Answer:

10 in

Step-by-step explanation:

5 0
3 years ago
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It wants an expression. What do you see from that tape diagram? 4 copies of? will equal 76? I know 4x19=76, but there is a varia
lutik1710 [3]

Answer:

sorry I don't know

Step-by-step explanation:

4 0
3 years ago
An amount of $550000 was realised when a principal, x was saved at 2% simple interest for 5years. find the value of x​
Marina CMI [18]

Answer:

principal=x

amount=principal+interest

550000=x+interest

interest=550000-x

I=PRT/100

550000-x=x×2×5/100

550000-x=10x/100

550000-x=x/10

10(550000-x)=x

5500000-10x=x

5500000=x+10x

5500000=11x

x=5500000/11

x=500000

I would appreciate if my answer is chosen as a brainliest answer

5 0
3 years ago
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