What is the interest due on $250 at 11% for 2 years

Mathematics

2 answers:

krek1111 [17]2 years ago

5 0

the intrest due on$250 at 11% for 2 years 55.00

Afina-wow [57]2 years ago

3 0

$\bf ~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$250\\ r=rate\to 11\%\to \frac{11}{100}\to &0.11\\ t=years\to &2 \end{cases} \\\\\\ I=(250)(0.11)(2)\implies I=55$

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Seiji and Gavin both worked hard over the summer. Together they earned a total of $450. Gavin earned $30 more than seiji.

jok3333 [9.3K]

Answer:

(a) $s+g=450\\g=s+30$

(b) The graph is shown below.

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Step-by-step explanation:

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Sum of earnings of Seiji and Gavin = $ 450

Gavin earns $ 30 more that that of Seiji.

(a)

So, as per question, if s and g are the amounts earned by Seiji and Gavin respectively, then;

$s+g=450\\g=s+30$

(b)

The graph is plotted using the x and y intercepts of each line.

For the line, $s+g=450$ , the x intercept is at $g=0$ . So, x intercept is (450,0). Similarly, the y intercept is when s=0, which is (0,450). Draw a line passing through these two points. The red line represents $s+g=450$ .

We follow the same process to plot the next line. The x intercept is at (-30,0) and y intercept is at (0,30). Draw a line passing through these two points. The blue line represents $g=s+30$ .

The graph is shown below.

(c)

From the graph, the point of intersection of the two lines gives the earnings of each of the persons.

The $x$ value of the point of intersection is the earning of Seiji which is $ 210 and the $y$ value is the earning of Gavin which is $ 240 as shown in the graph.