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julia-pushkina [17]
3 years ago
6

I want to put $580 until I saving account for one year. The rate of interest On the account was 6 1/2%. How much was the interes

t for the year in dollars and cents? Round to the nearest cent
Mathematics
1 answer:
Vanyuwa [196]3 years ago
5 0

Answer:

The amount of interest earned for the year is $37.7

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents principal or amount invested.

T represents the time

R represents the interest rate

I represents the interest

From the information given,

You want to put $580 into a saving account for 1 year. This means that

P = $580 and

T = 1 year

R = 6 1/2 = 6.5%

I = (580× 6.5×1)/100 = $37.7

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What is 246 : 7 in long division​
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Here we will show you step-by-step with detailed explanation how to calculate 246 divided by 7 using long division.

Before you continue, note that in the problem 246 divided by 7, the numbers are defined as follows:

246 = dividend

7 = divisor

Step 1:

Start by setting it up with the divisor 7 on the left side and the dividend 246 on the right side like this:

7 ⟌ 2 4 6

Step 2:

The divisor (7) goes into the first digit of the dividend (2), 0 time(s). Therefore, put 0 on top:

0

7 ⟌ 2 4 6

Step 3:

Multiply the divisor by the result in the previous step (7 x 0 = 0) and write that answer below the dividend.

0

7 ⟌ 2 4 6

0

Step 4:

Subtract the result in the previous step from the first digit of the dividend (2 - 0 = 2) and write the answer below.

0

7 ⟌ 2 4 6

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Step 5:

Move down the 2nd digit of the dividend (4) like this:

0

7 ⟌ 2 4 6

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2 4

Step 6:

The divisor (7) goes into the bottom number (24), 3 time(s). Therefore, put 3 on top:

0 3

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Step 7:

Multiply the divisor by the result in the previous step (7 x 3 = 21) and write that answer at the bottom:

0 3

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Step 8:

Subtract the result in the previous step from the number written above it. (24 - 21 = 3) and write the answer at the bottom.

0 3

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- 0

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Step 9:

Move down the last digit of the dividend (6) like this:

0 3

7 ⟌ 2 4 6

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Step 10:

The divisor (7) goes into the bottom number (36), 5 time(s). Therefore put 5 on top:

0 3 5

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Step 11:

Multiply the divisor by the result in the previous step (7 x 5 = 35) and write the answer at the bottom:

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Step 12:

Subtract the result in the previous step from the number written above it. (36 - 35 = 1) and write the answer at the bottom.

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You are done, because there are no more digits to move down from the dividend.

The answer is the top number and the remainder is the bottom number.

Therefore, the answer to 246 divided by 7 calculated using Long Division is:

35

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