1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorLugansk [536]
3 years ago
15

Mr. Drysdale earned 906.25 in interest in one year on money that he had deposited in

Mathematics
1 answer:
VikaD [51]3 years ago
5 0

Answer: Mr Drysdale deposited 14,500

Step-by-step explanation:

Using the simple Interest formula

Simple Interest = Principal(Initial Money) * Interest Rate * Time Period

I = P*R*T

I = PRT

To get P which is the initial money he deposited, we divide both sides by RT

I/RT = PRT/RT

I/RT = P

Therefore the money deposited

P = I/RT

Interest (I)= 906.25

Interest Rate (R)= 6.25% = { converting percentage to decimal} (6.25/100)= 0.0625

Time Period (T) = 1 year

Principal (P)= ?

P= I/RT

P= 906.25/(0.0625 * 1)

P= 906.25/0.0625

P= 1450

The money he deposited in his local bank is 14,500

You might be interested in
A right cylindrical vase holds 2.50 L of water. If the radius of the vase is 9.00 cm, what is the height of
Archy [21]

Answer: 9.82cm

Step-by-step explanation:

6 0
3 years ago
I'm always forgetting how to do mean absolute deviation. Can someone remind me what the process is please?
viva [34]
I hope that helps. :)
3 0
2 years ago
Read 2 more answers
Josie is getting her hair cut and styled. She wants to give a 20% tip to her stylist. If the haircut costs $15.00, how much tip
o-na [289]
$15.00 * 20% = $15.00 * 0.2 = $3.<span>00
the answer is </span>$3.<span>00</span>
8 0
3 years ago
6. Determine if the two functions are inverses of one another.
-BARSIC- [3]
It will be yesssssssssssssssssssssssssssssssss
6 0
3 years ago
Find the sum or difference.
KIM [24]

Answer:

the sum of the given matrices is

-7 -2

4 -15

6 0
2 years ago
Other questions:
  • The horizontal axis in the sampling distribution of ModifyingAbove p with caret represents all possible sample proportions from
    6·1 answer
  • If a ship's path is mapped on a coordinate grid, it follows a straight-line path of slope 4 and passes through point (1, 2).
    9·1 answer
  • Find the scale factor of the dilation. Then tell whether the dilation is a reduction or an enlargement
    9·2 answers
  • The point p(-3,2) is translated up 3 and right 4. what are the coordinates of p
    9·1 answer
  • GIVING LOTS OF POINTS!!!!
    10·1 answer
  • What is the percent as a fraction or mixed number in simplest form. 37.5​%
    11·2 answers
  • What is the measure of angle ABC? (will pick brainlyiest)
    12·2 answers
  • C(x) = 15x + 75,000<br> B(x) = 55x
    13·1 answer
  • Hidaya is mailing packages. Each small package costs her $2.40 to send. Each large package costs her S3.70. How much will it cos
    7·2 answers
  • Find the distance between A(5, -2) B(3, -6)
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!