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umka2103 [35]
3 years ago
15

A bank manager wants to encourage new customers to open accounts with initial deposits of at least $3000. He has posters made fo

r the promotion. Under the new promotion, what is the minimum amount of interest a new account would make in one year it there were no withdrawals from the account?
Mathematics
1 answer:
belka [17]3 years ago
7 0

Incomplete question. However, let us assume

  • the interest rate is 5%, and
  • the time is 1 year.

Answer:

<u>$150</u>

Step-by-step explanation:

Note, the bank manager wants new customer accounts opened with at least, $3,000. Hence we have a principal, $3000. Using the simple interest formula:

S.I= \frac{amount*rate*time}{100}

SI=\frac{3000*5*1}{100} = $150

Therefore, the <em>minimum</em> amount of interest a new account would make in one year is <u>$150.</u>

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The statements that describe the given inequality are as follows:

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<h3>What is the inequality and it's meaning?</h3>

The inequality is given by:

10x + 75 \geq 350

It means that the sum of a fixed amount of 75 plus a variable amount of 10 has to be of at least 350.

Hence, the 2nd and the 3rd options are correct.

More can be learned about inequalities at brainly.com/question/25235995

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2 years ago
A ladder leans against a 22-feet-tall apple tree. The base of the ladder forms a 42° angle with the ground. Approximately how ta
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(D) 33 feet

<u>Explanation:</u>

Given:

Height of the tree, h = 22 feet

angle, θ = 42°

Length of the ladder, l = ?

We know:

sin θ = Perpendicular / hypotenuse

So,

Sin θ = height of the tree / length of the ladder

sin 42^0 = \frac{22}{l} \\\\0.67 = \frac{22}{l} \\\\l = 32.84 feet

l = 32.84 feet ≈ 33 feet

Therefore, the length of the ladder be to reach the top of the apple tree is 33 feet.

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