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andrezito [222]
3 years ago
15

Margarito opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdraw

als, how much total money is in the account after 8 ½ years ?
Mathematics
1 answer:
anzhelika [568]3 years ago
6 0

Hey there!

Simple interest is based on only the original deposit of money, which in this case is $500.

To find 5.6% of 500, we can multiply it by the decimal that represents that part of a whole: 0.056.

500 \times 0.056 = 28

The question asks for how much money is in the account after 8 1/2 years. This means we multiply the interest for 1 year (28) by 8 1/2.

28 \times 8.5 = 238

Lastly, we add the interest to the original deposit.

500 + 238 = 738

The answer is $738.

Hope this helps!


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. The two bottles are similar in shape. The larger bottle holds 100 m/ of perfume. Calculate how many millilitres of perfume the
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Answer:

The smaller bottle holds 12.5 ml of perfume.

====================

<h2>Given</h2>

  • Two bottles of similar shape;
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<h2>To find </h2>

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<h2>Solution</h2>

Find the scale factor, the ratio of corresponding dimensions:

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We know the volume is the function of three dimensions, therefore the ratio of volumes is the cube of the scale factor:

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Substitute the known values and find the volume of small bottle:

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