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Dovator [93]
2 years ago
13

I NEED HELP!!! You deposit $1,500 in an account earning 2.75% simple interest. How long will it take for the balance of the acco

unt to be $1,995?
Mathematics
1 answer:
Y_Kistochka [10]2 years ago
5 0
12 years if interest is paid yearly
12 months if interest is paid monthly
Step-by-step explanation:
2.75% of $1500 is $41.25 interest per period
$1995-$1500 = $495 total interest
$495 ÷ $41.25 = 12 periods
Therefore it takes 12 interest periods to reach $1995, so the answer is 12 months or 12 years depending on how often interest is paid.
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Select all of the following 2D shapes that may be formed by slicing a square pyramid?
ivann1987 [24]

Answer:

A and D

Step-by-step explanation:

Ok so first, if you slice parallel to the base, you can get a square.

If you slice parallel to a face, you get a triangle.

8 0
3 years ago
Marilyn uses a credit card with a 19.9% APR compounded monthly to pay for car repairs totaling $991.38. She can pay $410 per mon
Leokris [45]
Marilyn's finance charge at the end of the first month will be
  $991.38 × 0.199/12 = $16.44
The balance subject to the next month's finance charge will be
  $991.38 +16.44 -410.00 = $597.82

The finance charge at the end of the second month will be
  $597.82 × 0.199/12 = $9.91
The balance remaining after the second payment will be
  $597.82 +9.91 -410.00 = $197.73

The finance charge applied at the end of the third month is
  $197.73 × .199/12 = $3.28
so Marilyn can make one final payment of
  $197.73 +3.28 = $201.01
to pay off the balance.

In all, Marilyn has paid 2×$410.00 +201.01 = 
  $1021.01 . . . . . . . . corresponds to the first choice

_____
In real life, Marilyn's credit card may not accrue any finance charge until after the first statement on which the charge appears. Thus the total cost of the purchase may be only $1004.02. The attached spreadsheet shows the beginning balance and the finance charges for each month for the two different scenarios.

8 0
2 years ago
Please help asap!!!!!!!!!!
Oksana_A [137]
What do you need help with?
4 0
2 years ago
Read 2 more answers
Which statement is modeled by the expression?
Afina-wow [57]
A librarian has 150 books to be placed on shelves with an equal number of books on each shelf. If k is the number of shelves to be used, then 150/k is the number of books on each shelf.

Example : lets say there are 10 shelves.....so k = 10
150/10 = 15 books on each shelf.
4 0
2 years ago
Read 2 more answers
Which equation is equivalent to..
svet-max [94.6K]

Answer:

D

Step-by-step explanation:

1/3)^{x} = \frac{1}{3^{x} } = 3^{-x}

and

27^{x+2} = (3^{3})^{x+2} = 3^{3(x+2)} = 3^{3x+6}

Hence expression D is equivalent

6 0
2 years ago
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