Find the interest to the nearest cent. $3500 at 10% for 5 Years

1 answer:

5 0

P is the principal amount, $3500.00.
r is the interest rate, 10% per year, or in decimal form, 10/100=0.1.
t is the time involved, 5....year(s) time periods.
So, t is 5....year time periods.

To find the simple interest, we multiply 3500 × 0.1 × 5 to get that:

The interest is: $1750.00

If you need compounding the formula is different.

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A circle is defined by the equation x2 + y2 + 8x + 22y + 37 = 0. What are the coordinates for the center of the circle and the l

inn [45]

We can say that:
8x = -2ax
8 = -2a
a = -4

22y = - 2by
22 = -2b
b = -11

37 = a² + b² - r²
37 = (-4)² + (-11)² - r²
r² = 16 + 121 - 37
r² = 100
r = 10

With all this information, we can say that:
The center of the circle is: (-4 ; -11)
and the radius of the circle is r = 10

P.S:
(a - x)² + (b-y)² = r²
a² - 2ax + x² + b² -2by + y² - r² = 0
x² + y² -2ax - 2by + a² + b² - r² = 0

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3 years ago

louie has $1,000 and wants it to grew to $5,000 in 10 years,what compound interest rate does he need?

elena55 [62]

Answer:

All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!

Step-by-step explanation:

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3 years ago

In 4 hours, you hike 10 miles.

HACTEHA [7]

Answer:2.5 miles per hour
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