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
Whitepunk [10]
3 years ago
11

How much did you invest if you earned $131.60 in interest at a rate of 4% for seven years?

Mathematics
1 answer:
Ket [755]3 years ago
4 0

The amount invested is $ 470

<h3><u>Solution:</u></h3>

Given that ,  we have earned $131.60 as simple interest for an amount deposit at the rate of 4% for seven years.

We have to find the amount invested.  That is, we need to find the principal sum

Let us use the simple interest formula

<em><u>The simple interest is given as:</u></em>

\text { Simple interest }=\frac{p r i n c i p a l \times \text {rate of interest } \times \text {number of years}}{100}

Here, simple interest = $ 131.60

Rate of interest = 4 %

Number of years = 7

principal = ?

Substituting the values in formula, we get

\begin{array}{l}{131.6=\frac{\text { principal } \times 4 \times 7}{100}} \\\\ {131.6 \times 100=\text { principal } \times 4 \times 7} \\\\ {13160=\text {principal } \times 28} \\\\ {\text {Principal }=470}\end{array}

Thus the amount invested is $ 470

You might be interested in
Suppose that a box contains 6 cameras and that 3 of them are defective. A sample of 2 cameras is selected at random. Define the
mezya [45]

Answer: 1/5, 1/2, 0.

Step-by-step explanation:

given data:

no of cameras = 6

no of cameras defective = 3

no of cameras selected = 2

Let p(t):=P(X=t)

p(2)=m/n,

m=binomial(3,2)=3!/2!= 3

n=binomial(6,2)=6!/2!/4! = 15

p(3)= 3/15

= 1/5.

p(1)=m/n,

m=binomial(6,1)*binomial(2,2)=6!/1!/4!*2!/2!/0!= 7.5

n=binomial(6,2)= 15

p(2)= 7.5/15

= 1/2

p(0)=m/n,

m=0

p(0)=0

7 0
3 years ago
Read 2 more answers
ASAP!: can anyone solve three times the difference of Federico age and 4 increased by 7 is greater than 37 what are possible val
Alexandra [31]

Answer:

Federcio's age possible values are those that are greater than 14 i.e 15, 16, 17 and so on

Step-by-step explanation:

Let Federico's age = x

Three times the difference of Federico’s age, and 4 means:

3(x - 4)

Increased by 7:

3(x - 4) + 7

Is greater than 37:

3(x - 4) + 7 > 37

Solving the inequality:

3x - 12 + 7 > 37

3x - 5 > 37

3x > 37 + 5

3x > 42

x >42/3

x > 14

Federcio's age possible values are those that are greater than 14

7 0
2 years ago
Use the formula S A = 6s2 , where S A is the surface and s is the edge length of the cube , to solve his problem.
Gennadij [26K]
To find the surface area of the cube using the formula, you would substitute in 2 1/2 for the length of the side.

SA = 6 x 2.5 x 2.5
SA = 37.5 ft.²

You are finding the area of one face (2.5 x 2.5) and multiplying it by six because there are six groups of this.
4 0
2 years ago
The dot plot below shows the number of dogs in neighborhood houses: A dot plot with integers 1 to 5 is shown. It is labeled Dogs
RUDIKE [14]
It is not symmetric because it has a peak at 1 and to be symmetric it has to be the same on both sides of the peak
4 0
3 years ago
Read 2 more answers
The multi has 4 identical rectangular basketball courts. The sum of the perimeters of the 4 courts is 1120ft. If the width of ea
zhannawk [14.2K]

Answer:

8 ft

Step-by-step explanation:

h court is 50ft wide , how many feet long is each basket

5 0
2 years ago
Other questions:
  • 1/5n -3/4 + 7/10n<br><br> Need to simplify
    8·1 answer
  • Which set of data does not contain any outliers?
    10·2 answers
  • A company has found that the number of items sold, x, depends upon
    6·1 answer
  • What is the coordinate of the midpoint of segment CE?​
    11·1 answer
  • Travis has hired Charlie and Dora to plant flowers . Dora can plant 150 flowers in the same time it takes Charlie to plant 120 f
    14·1 answer
  • 11. A large pine tree was struck by lightning and fell as
    5·1 answer
  • What is 76,808 rounded to the nearest 100?
    12·1 answer
  • Find the volume. No links please
    9·1 answer
  • I have five blue tiles, fourteen green tiles, sixteen yellow tiles and fifteen red tiles in a bag. I shake the bag, reach in, an
    13·2 answers
  • A $\textit{palindrome}$ is a positive integer which reads the same forward and backward, like $12321$ or $4884$. How many $4$-di
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!