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Natalka [10]
3 years ago
10

Mr. Young is offered an investment opportunity. Kyra says she will invest his money at a 6% simple interest rate over the next 7

years. Mr. Young decides to invest $3000. How much interest will he have earned when the investment matures? *
Mathematics
1 answer:
gregori [183]3 years ago
8 0

Answer:

$126

Step-by-step explanation:

Given that:

Investment is done as per Simple interest.

Principal = $3000

Time for which the investment is to done = 7 years

Rate of interest = 6%

To find:

Interest earned when the investment matures?

Solution:

Formula for Simple Interest :

Simple\ Interest = \dfrac{PRT}{100}

Where P is the principal amount

R is the Rate of Interest

T is the time for which the investment is made

Putting the given values:

Simple\ Interest = \dfrac{3000\times 6\times 7}{100}\\\Rightarrow Simple\ Interest = \dfrac{12600}{100}\\Simple\ Interest = \$126

Therefore, the answer is:

Interest earned is <em>$126</em>.

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I need help pls<br> 11+4b=8b-13<br> b=?
spin [16.1K]
With this, you need side A to equal side B. Your first step is to move the variable to one side. (I've also worked in out, and color coordinated the steps, so you can see better).

11 + 4b = 8b - 13 < let's subtract "4b" from the left side to get rid of it (we're subtracting because it is added on to left side). This will give us:

11 = 8b - 13 < we've subtracted "4b" from the left side, however what you do to one side of the equal sign, you must do to the other, so subtract "4b" from the right side as well. Once done, you should have this"

11 = 4b - 13 < we have "4b-13" because you can only work with like terms. 8b-4b=4b, and the 13 stays untouched.
 
Now let's work on isolating the variable. See how we have a -13 on the side with the variable? We don't want that, so we're going to add 13 to that side, to give us 0 and cancel it out. Remember, what you do to one side, you must do to the other, so add 13 to the 11 on the other side as well. This will give you 24, and your equation should now look like this:

24 = 4b < we're almost done, but the variable is not quite by itself yet. We need to get rid of the "4" in "4b". 4 in being multiplied to "b" so we need to do the opposite operation to cancel it out. We need that 4 to be a 1 because 1x=x. So, divide 4b by 4 to get 1b or just plain b. 

Remember, what you do to one side, you must do to the other, so divide 24 by 4 to get 6, and you're left with your answer.

Answer 6 = b 

Hope this helps!
      

4 0
3 years ago
Sove the equation and verify
Nostrana [21]

Let's break the equation in several step to make things more clear: first of all, the numerator of the left hand side simplifies to

\dfrac{2x}{3}-\dfrac{1}{2} = \dfrac{4x-3}{6}

Similarly, the denominator becomes

\dfrac{3x}{4}-\dfrac{1}{2} = \dfrac{3x-2}{4}

Dividing by a fraction means to multiply by the inverse of that fraction:

\dfrac{\frac{a}{b}}{\frac{c}{d}} = \dfrac{a}{b}\cdot\dfrac{d}{c}

So, in your case, we have

\dfrac{\frac{2x}{3}-\frac{1}{2}}{\frac{3x}{4}-\frac{1}{2}} = \dfrac{\frac{4x-3}{6}}{\frac{3x-2}{4}} = \dfrac{4x-3}{6}\cdot \dfrac{4}{3x-2} = \dfrac{2(4x-3)}{3(3x-2)} = \dfrac{8x-6}{9x-6}

So, the equation has become

\dfrac{8x-6}{9x-6} = \dfrac{4}{3}

Multiply both sides by 3(9x-6):

3(8x-6) = 4(9x-6) \iff 24x-18 = 36x-24

Subtract 24x from both sides, and add 18 to both sides:

36x-24x = 24-18 \iff 12x=6 \iff x = \dfrac{1}{2}

8 0
3 years ago
Find the distance between (-4,3) and (-1,-5)
xxTIMURxx [149]

Answer:

its 400

Step-by-step explanation:

3 0
3 years ago
You and a friend went to the movies.You spent half your money on tickets. Then you spent 1/4 of the money on popcorn, $2 on cand
bagirrra123 [75]

Answer:

We took $ 24 to the movies.

Step-by-step explanation:

Let total money be

On movies = Half of the money =\frac{x}{2}

On popcorn =  \frac{x}{4}

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On soda = $3

total money spent =  \frac{x}{2} +\frac{x}{4}+ 2+3+1

         x   =  \frac{x}{2} +\frac{x}{4}+ 2+3+1

x- \frac{x}{2} -\frac{x}{4} = 6

\frac{x}{1} -\frac{x}{2} - \frac{x}{4}  =6

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3 0
3 years ago
HELP IMMEDDIATLY, PLEASE
maxonik [38]

I think it's B and D because both of them will give you the same answer which is 2.71 but turn it into fraction.

5 0
3 years ago
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