About how many years will it take for $8500 to reach $12,000 at a simple interest rate of 3.5%

Mathematics

1 answer:

neonofarm [45]2 years ago

5 0

Answer:12

Step-by-step explanation:

8500 x 35% = 297.50 in simple interest per year

12000 - 8500 = 3500 in interest earned in total

3500/297.5 = 11.76 number of years to make total interest from amount per year.

If you round up, almost 12 years .

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Rudik [331]

Answer:

the area is 50.24 $cm^{2}$ .

Step-by-step explanation:

The formula to find area of a circle is A=π $r^{2}$ . A is area, and r is for radius. Since we have the diameter here, we just need to divide by 2 to find the radius. 8÷2=4, so there, the radius is 4. Now we need to square 4, and do 4x4, which equals 16. Now to multiply 16 by π, or 3.14. 16 x 3.14 = 50.24. The final answer is 50.24 $cm^{2}$ . Hope this helped! :]