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3 years ago

Find the interest earned for $650 at 2% for 6 years

Mathematics

2 answers:

notsponge [240]3 years ago

8 0

Answer: $78.00

the answer is 78.00

blsea [12.9K]3 years ago

3 0

Answer:

I = $ 78.00

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 650 × 0.02 × 6 = 78

I = $ 78.00

The simple interest accumulated

on a principal of $ 650.00

at a rate of 2% per year

for 6 years is $ 78.00.

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Lily sells loose tea for $0. 71 per gram. If one gram is equivalent to 0. 035273 ounces, how much does it cost to buy 0. 45 poun

Dominik [7]

Unit conversion is a way of converting some common units into another. The cost of buying 0.45 pounds of Lily's tea is $144.93.

<h3>What is Units conversion?</h3>

Unit conversion is a way of converting some common units into another without changing their real value. for, example, 1 centimetre is equal to 10 mm, though the real measurement is still the same the units and numerical values have been changed.

As it is given that one gram is equivalent to 0.035273 ounces, while 1 pound is equal to 16 ounces. Therefore, if we convert 0.45 pounds to grams,

Pounds to Ounces

$\rm 1\ pound = 16\ ounces\\\\0.45\ pounds = 0.45 \times 16 = 7.2\ ounces$

Grams to Ounces

$\rm 1\ gram = 0.035273\ ounces\\\\1 ounce=\dfrac{1}{0.035273} = 28.35\ grams\\\\7.2\ ounces = 7.20 \times 28.35 = 204.12\ grams$

Since it is given that the cost of 1 gram of tea is $0.71, therefore, the cost of 204.12 grams of tea can be written as,

$\rm Total\ cost= 204.12 \times \$0.71 = \$144.93$

Hence, the cost of buying 0.45 pounds of Lily's tea is $144.93.

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FromTheMoon [43]

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Substitute in the formula above

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we know that

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