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Levart [38]
3 years ago
14

John is paid 5% commission on the value of photocopiers he sells. Last week he sold $24,000 worth of copiers. He decided to inve

st his last week's earnings in a savings bond that pays 5% simple interest annually. How much will the bond be worth in 4 years?
Mathematics
1 answer:
allsm [11]3 years ago
3 0

Answer:

5040

Step-by-step explanation:

24000-5%=1200

1200+5%=1260

1260x4=5040

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Explanation and answer please :)
Juli2301 [7.4K]

$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)

r = 6.5% = 6.5/100 = 0.065

We'll use the decimal form of the interest rate as it is most common for financial math problems.

P = 20,000 is the amount deposited

t = 1 year is the amount of time

We will plug those values into the formula

i = P*r*t

to get the following:

i = P*r*t

i = 20000*0.065*1

i = 1300

So Mark earns $1,300 in simple interest each year.

6 0
3 years ago
Who would like to be my gf have to be 11- 13 and in 6th grade
MAVERICK [17]

Answer:

not me

Step-by-step explanation:

3 0
3 years ago
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Which of the following best describes the slope of the line below? A. Zero B. Undefined C. Positive D. Negative
nadya68 [22]

Answer:

D. negative

Step-by-step explanation:

Let's analyze each answer choice.

A. Zero

A line with a zero slope is a horizontal line. The x values change, but the y values stay the same.

B. Undefined

A line with an undefined slope is a vertical line. The x values don't change and the y values vary.

C. Positive

When a line has a positive slope, the line increases from left to right.

D. Negative

When a line has a negative slope, the line decreases from left to right.

When we move from left to right on the graph, the line moves down. Therefore, this line must have a negative slope and D is correct.

7 0
3 years ago
(3/5) cubed Please explain to me how you would do this
krek1111 [17]
<h3>♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫</h3>

➷  It would be done in the same way it would if it was an integer ;

think of it as two separate parts

(3/5)^3 = 3/5 * 3/5 * 3/5

Calculate the top half, then the bottom half and put them together

3 * 3 * 3 = 27

5 * 5 * 5 = 125

Thus, your answer will be 27/125

<h3><u>✽</u></h3>

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

7 0
3 years ago
WIL GIVE BRAINLIEST IF CORRECT PLEASE HURRY
zmey [24]

Answer:

D

Step-by-step explanation:

6 0
2 years ago
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