Answer:
$126
Step-by-step explanation:
Given that:
Investment is done as per Simple interest.
Principal = $3000
Time for which the investment is to done = 7 years
Rate of interest = 6%
To find:
Interest earned when the investment matures?
Solution:
Formula for Simple Interest :
Where 
is the principal amount
is the Rate of Interest
is the time for which the investment is made
Putting the given values:
Therefore, the answer is:
Interest earned is <em>$126</em>.
Answer:
f(n) = -n^2 -3n +5
Step-by-step explanation:
Suppose the formula is ...
f(n) = an^2 +bn +c
Then we have ...
f(1) = 1 = a(1^2) +b(1) +c
f(2) = -5 = a(2^2) +b(2) +c
f(3) = -13 = a(3^2) +b(3) +c
__
Here's a way to solve these equations.
Subtract the first equation from the second:
-6 = 3a +b . . . . . 4th equation
Subtract the second equation from the third:
-8 = 5a +b . . . . . 5th equation
Subtract the fourth equation from the fifth:
-2 = 2a
a = -1
Then substituting into the 4th equation to find b, we have ...
-6 = 3(-1) +b
-3 = b
and ...
1 = -1 +(-3) +c . . . . . substituting "a" and "b" into the first equation
5 = c
The formula is ...
f(n) = -n^2 -3n +5
Answer:
B.) 
Step-by-step explanation:
use the slope rule
Fill in values
Simplify
Simplify further
Done.
Emily earned $166 more in her account than Katie.
We use the compound interest formula for both of these:
For Katie's deposit:
This gives Katie 6083.26-5000 = 1083.26 in interest (1083, to the nearest dollar).
For Emily's deposit:
This means she earned 11248.64-10000=1248.64 in interest (1249, to the nearest dollar).
The difference in interest is given by 1249-1083=166
