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yulyashka [42]
3 years ago
5

Sally invests $10,500 in an account that earns 6% annual simple interest. Assuming she makes no additional deposits or withdrawa

ls, how much interest will Sally earn after 4 years?
I SWEAR I WILL MARK YOU BRAINIEST
Mathematics
1 answer:
Fittoniya [83]3 years ago
6 0

Answer: $2520

Step-by-step explanation:

The simple Interest earned on a deposit of P that has a rate of r% and a period of t years can be calculated by using the formula:

(P × R × T)/100

where P is principal

R is rate

T is time

P=$10,500

R=6%

T=4 years

Therefore:

Interest= (10500 × 6 × 4)/100

= 252000/100

= 2520

Sally will earn $2520 as interest after 4 years.

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Maggie’s brother is three years younger than twice her age. The sum of their ages is 24. How old is maggie?
JulsSmile [24]

To solve this problem, we must set up a system of equations. In this case, let's let Maggie's age be represented by the variable m and her brother's age be represented by the variable b. We are told that the sum of their ages is 24, which gives us our first equation: m + b = 24. We can construct our next equation from the first sentence of given information: b = 2m - 3. This makes our system of equations:

m + b = 24

b = 2m - 3

To solve, we are going to substitute the value for b in terms of m given by the second equation into the first equation for the variable b.

m + b = 24

m + 2m - 3 = 24

To simplify, we must first combine the variable terms on the left side of the equation using addition.

3m - 3 = 24

Next, we should add 3 to both sides of the equation to get the variable term alone on the left side of the equation.

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Finally, we should divide both sides by 3 in order to get the variable m alone.

m = 9

Therefore, Maggie is 9 years old (using the first equation and substituting in this value you can find that her brother is 15 years old).

Hope this helps!

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