Answer:
To obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Step-by-step explanation:
Given that Katie wants to know how much she needs to deposit into a two year CD account in order to earn $ 100 in simple interest, knowing that the account currently has a 1.5% interest rate, the following calculation must be performed:
X x 0.015 = 100
X = 100 / 0.015
X = 6,666.66
6,666.66 x 1.015 = 6,766.66
Thus, to obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Based on the percentage that passed English and those who passed Mathematics and those who failed and passed both, the total number of students who appeared in the examination are 60 students.
The number of students who passed only in Math are 12 students.
<h3>What number of students sat in the exam?</h3>
This can be found as:
= Total who passed English only + Total who passed Math only + Total who failed both + Total who passed both
Assuming the total is n, the equation becomes:
n = 0.75n - 21 + 0.55n - 21 + 21 + 0.05n
n = 1.35n - 21
21 = 0.35n
n = 21 / 0.35
= 60 students
The number who passed mathematics only is:
= (60 x 55%) - students who passed both
= 33 - 21
= 12 students
Find out more on Venn diagrams at brainly.com/question/24581814
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Do a proportion
60/100= x/54
Cross multiply and divide
54 x 60= 3,240
3,240 divided by 100 is 32.4
Now subtract
54- 32.4= 21.6
Answer is $21.6
The answer is 3 because 3×5=15
