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vlada-n [284]
3 years ago
6

Joe deposits $50,000.00 in an account that earns 8.3% simple interest. About how many years will it take for his account balance

to earn $80,000.00 in interest?
Select the best answer from the choices provided.



About 5 years



About 10 years



About 20 years



About 25 years
Mathematics
2 answers:
mestny [16]3 years ago
7 0
The answer is about 5 years
marissa [1.9K]3 years ago
5 0
T = 7.23 years (either 5 or 10, you choose)

Equation:
t = (1/r)(A/P - 1)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 8.3%/100 = 0.083 per year,
then, solving our equation

t = (1/0.083)((80000/50000) - 1) = 7.23
t = 7.23 years

The time required to get
a total amount, principal plus interest, of $ 80,000.00
from simple interest on a principal of $ 50,000.00
at an interest rate of 8.3% per year
is 7.23 years (about 7 years 3 months).
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3 0
3 years ago
Evaluate z + z + z for x = 2, y = -3, z = -4.<br><br> 12<br> -12<br> -9<br> -6
mina [271]

Answer:

-12

Step-by-step explanation:

z+z+z

-4+-4+-4

-8+-4

-12

6 0
3 years ago
* Identify the first 6 multiples of 10​
bezimeni [28]

Answer:

10, 20, 30, 40, 50, 60

Step-by-step explanation:

you just have to list the multiples

pls vote brainliest if this helped

8 0
3 years ago
Read 2 more answers
A trapezoid with bases that measure 8 inches and 11 inches has a height of 3 inches. What is the area of the trapezoid?
gavmur [86]
Area= 1/2(height)×(base↓1+base↓2)
Area=1/2(3)×(8+11)
Area=1/2(3)×(19)
Area=1/2(57)
Area=57/2 OR 28.5
Thus, the area of the trapezium is 28.5inches^2
3 0
3 years ago
Triangle MNP is dilated according to the rule DO,1.5 (x,y)Right arrow(1.5x, 1.5y) to create the image triangle M'N'P, which is n
Vikki [24]

Given:

The vertex of a triangle MNP are M(-4, 6), N(2, 6), and P(-1, 1).

The rule of dilation is:

(x,y)\to (1.5x,1.5y)

The image of triangle MNP after dilation is M'N'P'.

To find:

The coordinates of the endpoints of segment M'N'.

Solution:

The end points of MN are M(-4, 6) and N(2, 6).

The rule of dilation is:

(x,y)\to (1.5x,1.5y)

Using this rule, we get

M(-4,6)\to M'(1.5(-4),1.5(6))

M(-4,6)\to M'(-6,9)

And,

N(2,6)\to N'(1.5(2),1.5(6))

N(2,6)\to N'(3,9)

The endpoints of M'N' are M'(-6, 9) and N'(3, 9).

Therefore, the correct option is B.

8 0
3 years ago
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