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S_A_V [24]
3 years ago
15

How much interest is earned in 2 years on an investment of $2000? The interest rate is 3%

Mathematics
1 answer:
erik [133]3 years ago
6 0
Answer:
A = $ 2,120.00

Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation

A = 2000(1 + (0.03 × 2)) = 2120 
A = $ 2,120.00

The total amount accrued, principal plus interest,
from simple interest on a principal of $ 2,000.00
at a rate of 3% per year
for 2 years is $ 2,120.00.
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4 years ago
Solve the following equation by completing the square
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4 years ago
One number is 5 times a first number. A third number is 100 more than the first number. If the sum of the three numbers is 779,
Harrizon [31]

Answer:

97, 485, 197

Step-by-step explanation:

<u>Given</u>:

  • First number = a
  • Second number = b
  • Third number = c

<u>Then we have:</u>

  • b = 5a
  • c = 100+a
  • a + b + c = 779

<u>Substituting b and c in the third equation:</u>

  • a + 5a + 100+a = 779
  • 100 + 7a = 779
  • 7a = 779- 100
  • 7a=679
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8 0
3 years ago
The Science Club wants to print stickers to promote their club and an interest in science. They got a quote to print the sticker
zloy xaker [14]

Answer:

The system of equations =

25 + 0.05x = 12 + 0.09x

The number of stickers where the cost of both printers to be equal is 325 stickers

Step-by-step explanation:

Let the number of stickers = x

Printer 1

Pop Art Printing would charge a $25 setup fee and $0.05 per sticker.

$25 + $0.05× x

25 + 0.05x

Printer 2

Sticky Slogans would charge a $12 setup fee and $0.09 per sticker.

$12 + $0.09 × x

12 + 0.09x

We equate both equations together

The system of equations =

25 + 0.05x = 12 + 0.09x

Collect like terms

25 - 12 = 0.09x - 0.05x

13 = 0.04x

x = 13/0.04

x = 325 stickers

Therefore, the number of stickers where the cost of both printers to be equal is 325 stickers

3 0
3 years ago
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