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shepuryov [24]
3 years ago
12

What is 2.95 0/0 of $559.00

Mathematics
1 answer:
Hoochie [10]3 years ago
4 0

Answer:

1475:100 = 14.75

Step-by-step explanation:

Solution for What is 2.95 percent of 500:

2.95 percent *500 =

( 2.95:100)*500 =

( 2.95*500):100 =

1475:100 = 14.75

Now we have: 2.95 percent of 500 = 14.75

Question: What is 2.95 percent of 500?

Percentage solution with steps:

Step 1: Our output value is 500.

Step 2: We represent the unknown value with $x$.

Step 3: From step 1 above,$500=100\%$.

Step 4: Similarly, $x=2.95\%$.

Step 5: This results in a pair of simple equations:

$500=100\%(1)$.

$x=2.95\%(2)$.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{500}{x}=\frac{100\%}{2.95\%}$

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{500}=\frac{2.95}{100}$

$\Rightarrow x=14.75$

Therefore, $2.95\%$ of $500$ is $14.75$

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7500 dollars is placed in an account with an annual interest rate of 7.75%. To the nearest year, how long will it take for the a
MakcuM [25]

Answer:

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Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

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After t years, the total amount of money is:

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In this problem, we ahve that:

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So

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5 0
3 years ago
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