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matrenka [14]
3 years ago
14

ryan deposits $775 in an account that pays 1.24% simple interest for four years. Brian deposits $775 in an account thats 1.24% s

imple interest for one year
Mathematics
1 answer:
AleksAgata [21]3 years ago
3 0

Answer:

Principal (p) = $775

Rate of interest (r) = 4.24% = 0.0424

No of years/time (t) = 4 years

Simple interest = ptr

= 775 × 4 × 0.0424

= 131.44 dollars

Hence simple interest after 4 years is $131.44

Amount = simple interest + principal

= 775 + 131.44

= 906.44 dollars

Hence amount after 4 years is $906.44

RESULT

906.44 dollars

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What interest rate is needed for $9,500 to earn $900 in 19 months? Round to the nearest hundredth of a percent

Step-by-step explanation:

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Answer:

119°

Step-by-step explanation:

m\angle BAD = 62\degree + 57\degree

(Vertical angles)

m\angle BAD = 119\degree

4 0
3 years ago
A credit union loaned out $50,000, part at an annual rate of 6% and the rest at an annual rate of 12% . The collected combined i
Natasha_Volkova [10]

Answer: the credit union loaned out $40000 at 6% and $10000 at 12%

Step-by-step explanation:

Let x represent the amount that the

credit union loaned out at the annual rate of 6%.

Let y represent the amount that the

credit union loaned out at the annual rate of 12%.

credit union loaned out $50,000, part at an annual rate of 6% and the rest at an annual rate of 12%. It means that

x + y = 50000

The interest on $x after 1 year would be

6/100 × x = 0.06x

The interest on $y after 1 year would be

12/100 × y = 0.12y

The collected combined interest was $3,600 that year. It means that

0.06x + 0.12y = 3600- - - - - - - - - 1

Substituting x = 50000 - y into equation 1, it becomes

0.06(50000 - y) + 0.12y = 3600

3000 - 0.06y + 0.12y = 3600

- 0.06y + 0.12y = 3600 - 3000

0.06y = 600

y = 600/0.06

y = $10000

x = 50000 - y = 50000 - 10000

x = $40000

5 0
3 years ago
A pair of Descartes jeans costs $120. If the tax is 13%, how much does the pair of jeans cost including tax?
ivanzaharov [21]

Answer:

$135.60

Step-by-step explanation:

120*13%=15.6

15.60+120.00=$135.60

5 0
3 years ago
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Find the measure of angle QWX if segments QU and RT are parallel and they are cut by transversal VS.
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I found the corresponding image of the above problem. I also put my answer on the image. 

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3 0
3 years ago
One of your employees is bidding on a carpet installation job. They estimate that it will take 3 hours to install 12 square yard
Charra [1.4K]

Answer:

No, the bid is not correct.

Step-by-step explanation:

One of your employees is bidding on a carpet installation job.

They estimate that it will take 3 hours to install 12 square yards of carpeting.

we know that 1 square yard= 9 square foot.

12 square yard= 12×9 square foot=108 square foot

i.e. it takes 3 hours to carpet 108 square foot.

Hence time taken to carpet 1 square foot= \dfrac{3}{108} hour

Now the dimension of room is:

11' 6"× 12' 9" i.e. we convert both the units to foot as:

1 foot= 12 inch

11'6"=11+(6/12)=11.5  foot.

and 12'9"=12+(9/12)=12.75 foot.

Hence, dimension of room=11.5 foot×12.75 foot

Hence area of room=11.5×12.75=146.625 square foot.

Time to carpet 146.625 square foot=

\dfrac{3}{108}\times 146.625 hour

=4.0729 hour

But it is given that it takes 12.3 hours to install the carpet.

Hence, the calculations were wrong.


6 0
3 years ago
Read 2 more answers
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