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
Anna71 [15]
3 years ago
6

If you deposit $1000 in a bank account paying 1.2% annual interest, how much interest will the deposits earn in 5 years if the b

ank computes the interest using simple interest?
Mathematics
1 answer:
pogonyaev3 years ago
4 0

Answer:

$60

Step-by-step explanation:

You are going to want to use the simple interest formula for this. The one below is modified for solving the interest earned.

I = Prt

<em>P = initial balance</em>

<em>r = annual interest rate</em>

<em>t = time</em>

<em />

First, change 1.2% into its decimal form:

1.2% -> \frac{1.2}{100} -> 0.012

Next, plug the values into the equation:

I=1000(0.012)(5)

I=60

The interest earned is $60.

You might be interested in
Two circles with different radii have chords AB and CD, such that AB is congruent to CD. Are the arcs intersected by these chord
emmainna [20.7K]

The arcs intersected by these chords are not congruent.

Given that two circles with different radii have chords AB and CD, such that AB is congruent to CD.

Let r₁ and r₂ be the radii of two different circles with centers O and O' respectively.

Assuming that the each of the ∠АОВ  and ∠CO'D is less than or equal to π.

Then, we have isosceles triangle AOB and CO'D such that,

AO = OB = r₁,

CO' = O'D = r₂,

Let us assume that r₁< r₂;

We can see that arc(AB) intersected by AB is greater than arc(CD), intersected by the chord CD;

arc(AB) > arc(CD)      .......(1)

Indeed,

arc(AB) = r₁ angle (AOB)

arc(CD) = r₂ angle (CO'D)

So, we have to prove that ;

∠AOB >∠CO'D       ......(2)

Since each angle is less than or equal to π, and so

∠AOB/2  and ∠CO'D/2 is less than or equal to π

it suffices to show that :

tan(AOB/2) >tan(CO'D/2) ......(3)

From triangle AOB :

tan(AOB/2) = AB/(2*r₁)

tan(CO'D/2) = CD/(2*r₂)

Since AB = CD and r₁ < r₂ (As obtained from the result of (3) ), therefore, arc(AB) > arc(CD).

Hence, for two circles with different radii have chords AB and CD, such that AB is congruent to CD but the arcs intersected by these chords are not congruent.

Learn more about congruent from here brainly.com/question/1675117

#SPJ1

6 0
2 years ago
Calculate the area of each figure. Which figure has the greatest area?
tatiyna
Their is no picture to do it
3 0
3 years ago
I would appreciate it if someone helped me:)
Evgesh-ka [11]

Answer:

24 more chocolotae chip cookies are sold

Step-by-step explanation:

CCC  7(15)+6    105+6=111

SC   6(15)-3      90-3 = 87

111-87 = 24

8 0
3 years ago
Por qué la triangulación con dos diagonales en un rectángulo no es adecuada para calcular el
kherson [118]

Answer:

rfgcc ft v crytrcvrcvhtfvyrfftv ffg

Step-by-step explanation:

tgfgghcg gn v v

4 0
3 years ago
PLEASE HELPPPP!!!!!!!
Strike441 [17]

Answer:

Subtract 4 from each side

Step-by-step explanation:

x + 4 > -8

Subtract 4 from each side

x + 4-4 > -8-4

x>-12

6 0
3 years ago
Other questions:
  • Trisha needs to make at least 50 gift bags for an event. Each gift bag will contain at least 1 thumb drive or 1 key chain. She w
    13·2 answers
  • Mrs.Johnson has 36 markers and 48 color pencils.She wants to put them in containers that have both kinds of supplies,and she wan
    13·1 answer
  • PLEASE HELP ASAP!!! Fill in a two-column proof for the following conjecture. Use the reasons in the bank below, you will not use
    12·1 answer
  • Give the values of a, b, and c needed to write the equation's standard form. (5 + x)(5 - x) = 7
    7·1 answer
  • A recipe calls for 4 carrots for every 2 cups of water. Which expression can be used to find the number of carrots needed for 1
    7·2 answers
  • Help me pleaseeee I need help
    6·1 answer
  • 7th grade math help me please
    12·1 answer
  • Find the value of x<br> What’s the missing angle?
    12·1 answer
  • If there are 32 boys and 24 girls in a room, fill out all the possible ratios of boys to girls​
    14·2 answers
  • How i can answer this question, NO LINKS, if you answer correctly i will give u brainliest!
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!