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Sever21 [200]
3 years ago
8

Tony Giacomin deposited $1600 on July 3rd in a special investment account which earns 13% p.A. Simple interest. On August 17th h

e deposited another $5600 in the account. If he closed the account on November 12th by withdrawing the total balance, calculate how much his investment has earned over this period of time.
Mathematics
1 answer:
Burka [1]3 years ago
8 0

Answer:

$248.75

Step-by-step explanation:

We are told that the interest rate is 13% per Annum = 13% per year

Hence, the interest rate in a month = 13% /12

= 1.0833333333% in a month

Tony Giacomin deposited $1600 on July 3rd in a special investment account which earns 13% p.A. Simple interest.

Interest = Principal × rate × time

Rate = 13% = 0.13

Time = July 3rd - November 12 = 132 days

= $1600 × 0.13 × 132/365

= $75.221917808

On August 17th he deposited another $5600 in the account. If he closed the account on November 12th

Interest = Principal × rate × time

Rate = 13% = 0.13

Time = August 17th - November 12 = 87 days

= $5600 × 0.13 × 87/365

= $173.52328767123288

The next step would be to add these Interests together

$173.52328767123288 + $75.221917808

= $248.74520548

Approximately ≈ $248.75

Therefore, his investment that he has earned over this period of time is $248.75

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Which number is greater 5 or 1
11111nata11111 [884]

Answer:

5

Step-by-step explanation:

5 is greater than 1 because it is further to the right from zero on the number line

5 0
3 years ago
Ahmed received a box of gifts. The box is a rectangular prism with the same height and width, and the length
liubo4ka [24]

Answer:

12 inches

Step-by-step explanation:

Ahmed received a box of gifts. The box is a rectangular prism with the same height and width, and the length

is twice the width. The volume of the box is 3,456 in? What is the height of the box?

Volume of a Rectangular pyramid = Length × Width × Height

From the above question

Height = Width = x

Length = 2 × Width

Length = 2x

Volume = 3,456 cubic inches

Hence,

3,456 = 2x × x × x

3456 = 2x³

x³ = 3456/2

x³ = 1728

Cube root both sides

Cube root(x³) = cube root (1728 cubic Inches)

x = 12 inches

Therefore, the height is 12 inches

3 0
3 years ago
Solve:<br> 2/3x+15=17<br><br> 3x+8-x=7<br><br> 4(2x-6)=2
Volgvan

Answer:

x = 3

x = (-1)/2

x = 13/4

Step-by-step explanation:

Solve for x:

(2 x)/3 + 15 = 17

Put each term in (2 x)/3 + 15 over the common denominator 3: (2 x)/3 + 15 = (2 x)/3 + 45/3:

(2 x)/3 + 45/3 = 17

(2 x)/3 + 45/3 = (2 x + 45)/3:

1/3 (2 x + 45) = 17

Multiply both sides of (2 x + 45)/3 = 17 by 3:

(3 (2 x + 45))/3 = 3×17

(3 (2 x + 45))/3 = 3/3×(2 x + 45) = 2 x + 45:

2 x + 45 = 3×17

3×17 = 51:

2 x + 45 = 51

Subtract 45 from both sides:

2 x + (45 - 45) = 51 - 45

45 - 45 = 0:

2 x = 51 - 45

51 - 45 = 6:

2 x = 6

Divide both sides of 2 x = 6 by 2:

(2 x)/2 = 6/2

2/2 = 1:

x = 6/2

The gcd of 6 and 2 is 2, so 6/2 = (2×3)/(2×1) = 2/2×3 = 3:

Answer:  x = 3

______________________________________________________

Solve for x:

3 x - x + 8 = 7

Grouping like terms, 3 x - x + 8 = (3 x - x) + 8:

(3 x - x) + 8 = 7

3 x - x = 2 x:

2 x + 8 = 7

Subtract 8 from both sides:

2 x + (8 - 8) = 7 - 8

8 - 8 = 0:

2 x = 7 - 8

7 - 8 = -1:

2 x = -1

Divide both sides of 2 x = -1 by 2:

(2 x)/2 = (-1)/2

2/2 = 1:

Answer: x = (-1)/2

_______________________________________

Solve for x:

4 (2 x - 6) = 2

Divide both sides of 4 (2 x - 6) = 2 by 4:

(4 (2 x - 6))/4 = 2/4

4/4 = 1:

2 x - 6 = 2/4

The gcd of 2 and 4 is 2, so 2/4 = (2×1)/(2×2) = 2/2×1/2 = 1/2:

2 x - 6 = 1/2

Add 6 to both sides:

2 x + (6 - 6) = 1/2 + 6

6 - 6 = 0:

2 x = 1/2 + 6

Put 1/2 + 6 over the common denominator 2. 1/2 + 6 = 1/2 + (2×6)/2:

2 x = 1/2 + (2×6)/2

2×6 = 12:

2 x = 1/2 + 12/2

1/2 + 12/2 = (1 + 12)/2:

2 x = (1 + 12)/2

1 + 12 = 13:

2 x = 13/2

Divide both sides by 2:

x = (13/2)/2

2×2 = 4:

Answer: x = 13/4

8 0
3 years ago
Brittany removed half of the total number of marbles from her bag, and gave one fourth of the remaining marbles to her friend. W
patriot [66]

The fraction of the total number of marbles is left in the bag after removing and giving part to her friend is 3/8

<h3>Fraction</h3>

let

  • Number of marbles in her bag = x
  • Number of marbles removed from her bag = 1/2x

Remaining marbles = x - 1/2x

= (2x-x) / 2

= x/2

= 1/2x

Number of marbles given to her friend = 1/4 of 1/2x

= 1/4 × 1/2x

= 1/8x

Number of marbles left in the bag = Remaining marbles - Number of marbles given to her friend

= 1/2x - 1/8x

= (4x-x) / 8

= 3x/8

= 3/8x

Learn more about fraction:

brainly.com/question/11562149

#SPJ1

3 0
1 year ago
The student council wants to rent a ballroom for the junior prom. The ballroom's rental rate is $1500 for 3h and $125 for each a
Tems11 [23]
They can afford only 5 1/2 hours
3 0
3 years ago
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