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kumpel [21]
2 years ago
8

Joe barrowed $2,000 from the bank at a rate of 7% simple interest per year. How much will be in your account in 5 years?

Mathematics
1 answer:
timofeeve [1]2 years ago
4 0
For the answer to the question above,
The simple interest formula is I = P * r * t

P is the principal (2,000)
r is the interest rate (7% or 0.07)
t is the time (5)

2000 * 0.07 * 5 = 700

$700.00 is the interest

Joe has to pay $700.00 in interest.
I hope this helps
You might be interested in
phillip bought 12 used cds and dvds.cds cost $2 each,and dvds cost $3 each.he spent $31,not including tax.how many dvds did phil
inessss [21]
Let c and d be the number of cds and dvds respectively.

c+d=12

c=12-d

The we are told that:

2c+3d=31, using c found above in this equation gives you:

2(12-d)+3d=31

24-2d+3d=31  

24+d=31

d=7

So Phillip bought 7 dvds.

check...

3*7+2(12-7)=31

21+2(5)=31

21+10=31

31=31
8 0
3 years ago
Suppose a basketball player has made 217 out of 302 free throws. If the player makes the next 3 free throws, I will pay you $23.
Anna [14]

Answer:

-$0.90

Step-by-step explanation:

There are only two possible outcomes, winning $23 (W) or losing $15 (L). Therefore:

P(W) + P(L) = 1

The probability of the player making his next 3 free throws (P(W)) is:

P(W) = \frac{217}{302}*\frac{217}{302}*\frac{217}{302}\\P(W) = 0.37098

The probability of the player NOT making his next 3 free throws (P(L)) is:

P(L) = 1 - P(W) = 1 - 0.37098\\P(L) = 0.62902

Expected value (EV) is given by the payoff of each outcome multiplied by its probability:

EV = (23*0.37098) -(15*0.62902)\\EV = -\$0.90

The expected value of the proposition is -$0.90

6 0
2 years ago
Which of the following is a monomial???
aleksandrvk [35]
Monomial is a product of numbers and variables in any whole power.
Examples of monomials: 5, y, 2x, 2x⁷, 2xyz, 6x²y¹⁰⁰.
Monomial cannot have log,subtraction or addition, negative power.
x/y=xy⁻¹

So, only monomial here is A.y
7 0
2 years ago
Demi has 21 baseball cards and 13 football cards.
djyliett [7]

Answer:

89

Step-by-step explanation:

21+13+19+36=89

6 0
2 years ago
Alice's grandfather is showing Alice his apple
Amanda [17]

There are  156 rows of trees altogether.

<u>Step-by-step explanation:</u>

Given that for every 11 rows of Red delicious , they plant 3 rows of Royal Gala.

Thus for 1 row of Royal Gala there would be 11/3 rows of Red delicious.

Number of rows of Royal Gala=18

corresponding\ number\ of\ Red\ delicious\ = 11/3 \times 18=11\times 6=66

For 11 rows of red delicious,they plant 7 rows of yellow delicious.

Thus for 1 row of Red delicious,there would be 7/11 rows of yellow delicious.

For 66 rows of red delicious there would be

7/11\times66=7\times 6=42 rows\ of\ yellow\ delicious

For 11 rows of red delicious,they plant 5 rows of Braeburn

for 1 row of red delicious,they would plant 5/11 rows of Braeburn.

For 11 rows of red delicious,they would plant

5/11\times 66=5\times 6=30\ rows\ of\ braeburn

Total rows of trees=66+42+30+18=156

8 0
3 years ago
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