1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kodGreya [7K]
3 years ago
11

The Sommers invested $5000 for three years at 6.5%. How much interest did the investment earn in three years? What was the total

amount of the account after three years?
Mathematics
1 answer:
Jet001 [13]3 years ago
8 0

Answer:

the interest is $975

the total amount  is $5975

Step-by-step explanation:

lets use tje formula

I=PRT

where I is interest earned

P is the principal amount(original amount)

R is the rate of interest

and T is the time in years

so

the principal amount is 5000 since it is the original amount

rate is \frac{6.5}{100}=0.065

time is 3 years

lets plug these values into our equation:

5000*0.065*3=I

5000*0.065*3=975

the interest is $975

the next part of the question is asking for the balance or the total amount which is principal+interest

5000+975=5975

the total amount or balance is $5975

hope this helps

You might be interested in
3 × 1/4 need help its just the acual answer I need im srry I didnt spell acual right I forgot. :) lol​
Andreyy89

Answer:

3/4

Step-by-step explanation:

bahrjdksjshhswheh

4 0
3 years ago
What is the diameter of a circle with area of 113.04 square cm. use 3.14?<br><br><br> pls fast
galina1969 [7]

Answer:

diameter of a circle = 12cm

Step-by-step explanation:

Area of a circle = πr²

113.04 cm² = πr²

First, search for radius (r) :-

r = √(113.04/π)

r = 6 cm

As diameter is equals to 2×radius

The diameter of a circle = 2 × 6cm

Final answer = 12 cm

3 0
2 years ago
Read 2 more answers
The expressions that are equivalent to 9(5v+4)
DiKsa [7]

Answer:

45v+36

Step-by-step explanation:

9•5v= 45v

9•4= 36

45v+36

6 0
3 years ago
What is the unit rate of $4.20 for 6 muffins
Sergio [31]
Well, you would divide 4.20/6 to find the price of just 1 muffin. 4.20/6 is 0.7, meaning that the price for one muffin is 70 cents.
7 0
3 years ago
Khaleej Times)Petrol prices in the UAE have jumped over 56 per cent since January 2022 due to an increase in global crude oil pr
Paraphin [41]

Answer:

it will equal1to indequate it

8 0
2 years ago
Other questions:
  • What are the coordinates of the midpoint of the segment whose endpoints are E(2, 9) and F(8, –3)?
    8·1 answer
  • Which number is the smallest? 5.6123 5.6245 5.6023 5.6985
    7·1 answer
  • HELP HELP HELP PLEASE
    7·2 answers
  • Which equation represents this problem?
    8·1 answer
  • I dont understand please help and explain. Thanks! <br>1+2i=
    13·1 answer
  • Which of these statements are Qualitative, as opposed to Quantitative? Choose all correct answers. A. The flower is red. B. The
    10·1 answer
  • What numbers is it between of?? Need a answer ASAP
    5·1 answer
  • Z=5x- 11y <br> can someone please help
    12·1 answer
  • Ill casapp some 5 if they get this right and show work.
    15·1 answer
  • Convert -450° from degrees to radians. (5 points)
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!