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3 years ago

Use the simple interest formula to find the ending balance.

Mathematics

2 answers:

algol [13]3 years ago

5 0

I believe it's 5,875.00

spayn [35]3 years ago

3 0

5000 * 0.05 * 3.5 = 875

5000 + 875 = 5875

answer: <span>ending balance $5,875</span>

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Paul deposited $95,000 in a savings account that pays 4% interest compounded daily. What is his balance at the end of six months

Arada [10]

Answer:

$\$96,919.02$

Step-by-step explanation:

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$t=6/12=0.5\ years\\ P=\$95,000\\ r=4\%=4/100=0.04\\n=365$

substitute in the formula above

$A=95,000(1+\frac{0.04}{365})^{365*0.5}$

$A=95,000(1+\frac{0.04}{365})^{182.5}=\$96,919.02$

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3 years ago

There were 532 people at the Nutcracker. If admission was $24 for adults and $16 for children and $10,272 was collected, how man

anzhelika [568]

X = # adults

y = # children

system

24x+16y=$10272
x + y =532

4 0

3 years ago

Karina wants to fill the base so that it is 85% full. What is the volume of the base that she is filling? (Find 85% of the volum

Mazyrski [523]

Question:

Karina has recently begun kickboxing and purchased training equipment as modeled in the diagram below. The cylindrical base is 15 inches tall with a diameter of 22 inches.

Karina wants to fill the base so that it is 85% full. What is the volume of the base that she is filling? (Find 85% of the volume).

Answer:

$Section = 4847.3205\ in^3$

Step-by-step explanation:

Given

$h = 15in$ -- height

$d = 22in$ -- diameter

Required

85% of the volume

First, calculate the radius

$r = \frac{1}{2} * d$

$r = \frac{1}{2} * 22= 11in$

The volume (V) is then calculated using:

$V = \pi r^2h$

$V = 3.142* 11^2 * 15$

$V = 5702.73\ in^3$

85% of the volume is:

$Section = 85\% * V$

$Section = 85\% * 5702.73\ in^3$

$Section = 4847.3205\ in^3$

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2 years ago

The area of a rectangle is represented with the expression (18x-12) inches squared. The width of the rectangle is 6 inches. Writ

Rudik [331]

Are equation for a rectangle is area = (width x length)

(18x - 12) = 6 x length
length = (18x - 12) / 6
length = 3x - 2

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2 years ago

You bought two tickets to the movies at a price of $7 and six tickets at a price of $5

Stels [109]

Hello! They answer to your question would be that you spent $44. This was because 7*2=14 and 6*5-30. Therefore, 14+30=44.

4 0

3 years ago