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jeyben [28]
3 years ago
10

Invest 5000 for 5 years at 5% interest rate

Mathematics
1 answer:
yulyashka [42]3 years ago
3 0

Answer:

$6,250

Step-by-step explanation:

5% of 5000 = .05 x 5000 = 250 this finds the amount gained per year

250 x 5 = 1,250 this is the amount earned over 5 years

5000 + 1250 = 6,250 this is the total after 5 years.

Hope this helps!

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A car with a cost price of $5200 is<br> sold at a profit of 15%. Calculate the<br> selling price
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Answer:

We are given the initial price of a car and we are also told that the car sold for a 15% profit which means that the price that the car was sold for is 15% more than it's initial price.  This is just a simple multiplication problem which we multiply the initial price by the total percentage plus 0.15

Sold\ Price = Initial\ Price *(Total\ Percentage+Profit\ Percentage)

Sold\ Price = \$5200*(1+0.15)

Sold\ Price = \$5200*(1.15)

Sold\ Price = \$5980

Therefore, our final answer is that the selling price was $5980

<u><em>Hope this helps! </em></u>

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2 years ago
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Step-by-step explanation:

Please be quiet now I answered ue question

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