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serg [7]
3 years ago
11

I wish to have $10,000 at the end of 8 years in a bank offering a simple interest rate of 7.5% per year. How much should I depos

it in the bank? Please ANSWER CORRECTLY! I will give brainliest for CORRECT answer
Mathematics
1 answer:
cluponka [151]3 years ago
7 0

Answer:

$6250

Step-by-step explanation:

6250x.075x8=3750

6250+3750=10,000

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I can someone how to do this plzzz
Aleonysh [2.5K]
Its D .HOPE IT HELPS !

5 0
3 years ago
On average, 240 customers arrive at a bank every morning (8AM - noon), but they do so randomly (i.e., not exactly every minute).
arlik [135]

Answer:

3.4 minutes

Step-by-step explanation:

Every morning there are expected 240 customers who arrive at bank for the customer service. There are on average 240 customers arriving to the bank every morning. There are total 5 bank tellers and they take average 3 minutes to help customer. The average time each bank teller spends on satisfying a customer will be calculated using the linear model,

Using wait time calculator:

Average service time / standard deviation

Ce = 3/1.5 = 2

The spent time on a customer is 3.4 minutes.

7 0
3 years ago
<img src="https://tex.z-dn.net/?f=%5Csf%20-9%288-2h%29" id="TexFormula1" title="\sf -9(8-2h)" alt="\sf -9(8-2h)" align="absmiddl
coldgirl [10]

Answer:

- 9(8 - 2h)  \\ by \: distributive \: property \\  =  - 9 \times 8 - ( - 9) \times ( - 2h) \\  =    - 72 - 18h

3 0
2 years ago
Read 2 more answers
find the difference between the simple interest and compound interest on 2500 for 2 years at 4% per annum , compound interest be
EastWind [94]

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Principal (P)= $2,500

Interest rate= 4%

Number of periods= 2 years

<u>First, we will determine the interest earned using the simple interest formula:</u>

I= P*r*t

I= 2,500*0.04*2

I=$200

<u>Now, using the compound interest formula:</u>

I= [P*(1 + r)^t] - P

r= 0.04/2= 0.02 (semi annual interest rate)

t=2*2= 4 semesters

I= [2,500*(1.02^4)] - 2,500

I= $206.08

6 0
2 years ago
PLEASE HELPP!! I will give a thanks!!
Sedbober [7]

Answer:

x=30

Step-by-step explanation:

supplementary= 180

so 180-150=30

x=30

hope this helps

6 0
3 years ago
Read 2 more answers
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