Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680
Answer:
(x+4)(x+4)
Step-by-step explanation:
Answer:
= 11.4%
Step-by-step explanation:
Percent error = (target - actual)/target * 100
target = 2500
actual = 2215
Lets substitute in
Percent error = (2500-2215)/2500 * 100
= 285/2500*100
=.114 * 100
= 11.4%
Answer:
560
Step-by-step explanation:
this is solved above, I hope it helps
Answer:
The second number line represent the location of 3N values.
Step-by-step explanation:
The first number line represent the inequality <em>N</em> > 3.
Now, the new number is 3<em>N</em>.
Consider the second number line values:
3N = {12, 15, 18, 21, ....}
The second number line represent the location of 3N values.
