3 years ago

How much interest will $875.00 earn after 3 months at 5.5%?

Mathematics

1 answer:

ZanzabumX [31]3 years ago

8 0

Answer:

I = Prt

Substitute the given information. Remember to write the percent in decimal form. I = (500)(0.06)(3)

Simplify. I = 90

Check your answer. Is $90 a reasonable interest earned on $500 in 3 years? In 3 years the money earned 18%. If we rounded to 20%, the interest would have been 500(0.20) or $100. Yes, $90 is reasonable.

The simple interest is $90.

Step-by-step explanation:

Hope this <u><em>Helped!</em></u> :D

You might be interested in

A politician is interested in the proportion of voters in his district that think he is doing a good job. Define the following i

valina [46]

The sample is all voters in the district that think he’s doing a good job

3 0

3 years ago

The graph of y = f(x) is shown below. According to the graph, what is f(-2)

iris [78.8K]

Answer:

x = 4

Step-by-step explanation:

Find 8 on the y-axis. Draw a horizontal line through y =8. Determine the x value for which the graph intersects this horizontal line y = 8. It is x = 4

4 0

3 years ago

The variables x and y have a proportional relationship: when x is 5, y is 8.

Alenkasestr [34]

Answer:

1.6

Step-by-step explanation:

Since y = 8

And x = 5,

You divide both values by the X Value

8 divided by 5 = 1.6

5 divided by 5 = 1

the ratio is 1:1.6

So the constant is 1.6

6 0

2 years ago

Pouring a glass of milk is it discrete or continuous on a graph

KatRina [158]

I think it would be continuous.

5 0

3 years ago

What is the slope of the line on this graph?

Fantom [35]

Answer:

The slope of the line is 3.

Step-by-step explanation:

Using the rise over run rule, we are able to tell the slope is 3/1, which is just 3.

7 0

2 years ago

Read 2 more answers