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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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The cost for hiring a car for 2 days in 2018 was Rs. 264 which was 20% more than in 2013. What was the cost of hiring a car for
Goshia [24]

The cost of hiring a car for 2 days in 2013 is Rs. 316.8

<h3>How to find the cost of hiring in 2013 ?</h3>

The cost for hiring a car for 2 days in 2018 was Rs. 264 which was 20% more than in 2013.

Therefore,

cost of hiring for 2018 = Rs. 264

Therefore,

let

cost of hiring in 2013 = 20%(264) + 264

cost of hiring in 2013 = 20 / 100 × 264 + 264

cost of hiring in 2013 = 1 / 5 × 264 + 264

cost of hiring in 2013 = 264 / 5 + 264

cost of hiring in 2013 = 52.8 + 264

cost of hiring in 2013 = 316.8

Therefore, the cost of hiring a car for 2 days in 2013 is Rs. 316.8.

learn more on cost here: brainly.com/question/1663590

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7 0
2 years ago
The British Queen is to receive 4 foreign dignitaries. The digni- taries are sensitive to the order in which they are received.
Readme [11.4K]

Answer:

Number of Ways = ₄P₄ = 24

Step-by-step explanation:

Given that there are going to be 4 dignitaries, and that they are sensitive to the order (i.e the order of the dignitaries matter), hence the total number of ways they can be arranged can be found by permutating 4 dignitaries.

i.e

Number of Ways = ₄P₄ = 24

4 0
3 years ago
Kerri said that the product of 3.93 and 0.07 would be about 4 and would have two decimal places. Is she correct?
oee [108]

Answer:

No.

Step-by-step explanation:

This type of problem is actually a trick problem. The question indicates that the PRODUCT of 3.93 and 0.07 would be about 4. The question is referring to the answer of the two values Multiplied to each other.

To visualize the question, we have:

3.93 x 0.07

This would give us:

0.2751

Kerri would be correct if she was looking for the SUM of the two values.

This would be:

3.93 + 0.07

This would give us:

4

Therefore in trick problems like this ones, it is better to look at what exactly is being asked.

8 0
3 years ago
Read 2 more answers
What is the scale factor of ABC to A DEF?
vampirchik [111]

Answer:

6

Step-by-step explanation:

All sides of triangle EFD have x6 of BAC.

E.g.: BA = 2. ED = 2 x 6 = 12

8 0
3 years ago
Mhanifa please help! Solve each proportion. Round your answer to the nearest hundreth
Marianna [84]

Answer:

  • 5) m/5 = 7/2 ⇒ m = 5*7/2 ⇒ m = 35/2
  • 6) 7/4 = r/5 ⇒ r = 5*7/4 ⇒ r = 35/4
  • 7) 7/6 = 5/x ⇒ x = 5*6/7 ⇒ x = 30/7
  • 8) 6/5 = 2/(5n) ⇒ 5n*6 = 5*2 ⇒ n = 10/30 ⇒ n = 1/3
4 0
3 years ago
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