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Pavlova-9 [17]
3 years ago
7

You want to put $2,500 in a simple interest account.It has a 4% annual interest rate.How long will it take you to earn $200 in i

nterest?
Mathematics
1 answer:
prohojiy [21]3 years ago
7 0
It will take 2 years.

Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest

$2.5k + $0.1k = $2.6k

Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest

$100 + $104 = $204 > $200

There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions
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Elizabeth has 1.32 pounds of candy. She wants to share it equally with herself and 3 friends. How much candy will each person re
lana66690 [7]

Answer:

1/3 pound per person

Step-by-step explanation:

(All)    (People)   (Amount per person)

1.32  /  4          = .33                        

.33 = 1/3

5 0
3 years ago
Ginger Yiu has a principal of $900 in her savings account with a 6% APR. The simple interest is calculated quarterly. What is th
Bezzdna [24]
A=p (1+rt)
A future value ?
p Principle 900
R interest rate 0.06
T time 9/12

A=900×(1+0.06×(9÷12))
A=940.5
3 0
3 years ago
Mr Lowry paid $32 for 5 boxes of crayons. How many dollars per box?
butalik [34]

Answer:

6 dollars and 40 cents

Step-by-step explanation:

To get the answer, you would do 32/5 which equals 6.4, which is the same as saying 6 dollars and 40 cents.

5 0
1 year ago
Solve this quadratic equation by completing the square.<br><br> x^2+10x=7
bogdanovich [222]
Ok, so the quadratic coefient is 1, so great

take 1/2 of the linear coefient and square it
10/2=5, (5)^2=25
add that to both sides
x^2+10x+25=7+25
factor perfect square trionomial
(x+5)^2=32
squaer root both sides
x+5=+/-4√2
minus 5
x=-5+/-4√2


x=-5+4√2 and -5-4√2
3 0
3 years ago
Describe the steps you would use to solve the equation<br> 2(4x - 5) + 11 = -63.
goblinko [34]
If u use the app photomath it will give u answer with the steps too
6 0
3 years ago
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