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artcher [175]
4 years ago
8

A bank says you can do or your money in 10 years if you put 1000 in in a simple interest account.What annual interest rate does

the bank Pay?
Mathematics
1 answer:
devlian [24]4 years ago
5 0

Answer:

r=10\%

Step-by-step explanation:

<u><em>The correct question is</em></u>

A bank says you can double your money in 10 years if you put $1,000 in a simple interest account. What annual interest rate does the bank pay?

we know that

The simple interest formula is equal to

A=P(1+rt)

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=10\ years\\ P=\$1,000\\ A=\$2,000\\r=?

substitute in the formula above

2,000=1,000(1+10r)

Solve for r

Divide by 1,000 both sides

2=1+10r

Subtract 1 both sides

10r=2-1

10r=1

Divide by 10 both sides

r=1/10

r=0.10

Convert to percentage (multiply by 100)

r=0.10*100=10\%

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Step-by-step explanation:

Your question isn't well written but I saw an identical question:

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Please help with the attached question. Thanks
Mademuasel [1]

Answer:

Choice A) F(x) = 3\sqrt{x + 1}.

Step-by-step explanation:

What are the changes that would bring G(x) to F(x)?

  • Translate G(x) to the left by 1 unit, and
  • Stretch G(x) vertically (by a factor greater than 1.)

G(x) = \sqrt{x}. The choices of F(x) listed here are related to G(x):

  • Choice A) F(x) = 3\;G(x+1);
  • Choice B) F(x) = 3\;G(x-1);
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The expression in the braces (for example x as in G(x)) is the independent variable.

To shift a function on a cartesian plane to the left by a units, add a to its independent variable. Think about how (x-a), which is to the left of x, will yield the same function value.

Conversely, to shift a function on a cartesian plane to the right by a units, subtract a from its independent variable.

For example, G(x+1) is 1 unit to the left of G(x). Conversely, G(x-1) is 1 unit to the right of G(x). The new function is to the left of G(x). Meaning that F(x) should should add 1 to (rather than subtract 1 from) the independent variable of G(x). That rules out choice B) and D).

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