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3 years ago

Sam put 3000 into saving it earned 6% simple interest annually after 6 years how much will Sam have

Mathematics

1 answer:

Pavlova-9 [17]3 years ago

3 0

Answer:

the future value is 4,080

Step-by-step explanation:

The computation of the future value under the simple interest is shown below:

As we know that

Future value = Present value × (1 + rate of interest × time period)

= 3,000 × (1 + 6 × 6%)

= 3,000 × (1 + 0.36)

= 3,000 × 1.36

= 4,080

Hence, the future value is 4,080

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Given g(x) = -x + 4, solve for x when g(x) = 0.

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4 years ago

Ebony but a four year treasury note that pay the equivalent of 3.8% simple interest. She invested $3000 more in a 9 year bond e

Anastasy [175]

Treasury bond's invested amount is "$7000" and Bond's invested amount is "$10000",

Let,

The amount invested in treasury note will be = x
The amount invested in bond will be = (x + 3000)

then,

→ $\frac{x\times 4\times 3.8}{100} +\frac{(3000+x)\times 9\times 4.6}{100}=5204$

→ $\frac{15.2x}{100}+\frac{(3000+x)\times 41.4}{100} =5204$

→ $\frac{15.2x}{100} +\frac{124200+41.4x}{100} =5204$

→ $\frac{15.2 x+124200+41.4x}{100} = 5204$

→ $56.6x+124200=520400$

→ $56.6x=520400-124200$

→ $56.6x=396200$

→ $x = \frac{396200}{56.6}$

→ $= 7000$

Amount invested in bond will be:

= $x+3000$

= $7000+3000$

= $10000$

Thus the above is the correct answer.

Learn more:

brainly.com/question/14802140

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3 years ago

The sumof a number and 48 is -18

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⇒If the unknown x;

48 + x = -18

⇒Known unknowns to one side into the other side .

x = -18-48

x=-66

Have a nice days............

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4 years ago

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