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Jose invested $5000 into a fund with an interest rate of 4.8%. How much interest would he earn after 2 years? A) $240 B) $24,000
1 answer:
Answer: C) $480
Step-by-step explanation:
Given: Jose invested $5000 into a fund with an interest rate of 4.8%.
Therefore, Principal amount (P)$5000
Rate of interest = 4.8%
In decimal rate of interest(r)=0.048
Time (t)= 2 years
We know that the simple interest is given by
Hence, the interest after 2 years = $480
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Answer:
The number x = 3
Step-by-step explanation:
Let 'x ' be the positive integer
Given data If the sum of five times a number and two times the same number and the same number is increased by 4 and the result is 25
sum of five times a number is 5 x and same number two times is 2 x and increased by 4 (addition) then result is equal to 25
so finally 5 x +2 x +4 = 25
7 x + 4 = 25
subtracting '4' on both sides , we get
7 x = 21
dividing '7' on both sides, we get
Therefore the number is x = 3
<u>Verification :</u>-
5 x +2 x +4 = 25
substitute x = 3 in above equation
15+6+4 = 25
25 =25
<u>Final answer</u> :-
The number is 3