All categories

3 years ago

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.

You might be interested in

What is the distributive property of 18+42

Lorico [155]

Answer:

the distributive property of 18+42 is multiplying the sum of two or more addends by a number will give the same result as multiplying each addend individually by the number and then adding the products together.

Step-by-step explanation:

3 0

2 years ago

Evaluate 40 divided by 8 plus 3 multiplied by 4 multiplied bye 2

Natali5045456 [20]

Answer:

Step-by-step explanation:

40/8 + 3*4*2 =

5 + 12*2 =

5 + 24 =

5 0

2 years ago

Read 2 more answers

Whaaaaaaaaaaaaat????

IrinaK [193]

9514 1404 393

Answer:

7 pizzas

Step-by-step explanation:

For a difference in price of $58 -25 = $33, a customer gets a difference in number of 5 -2 = 3 pizzas. Then a pizza costs $33/3 = $11.

The cost of 2 pizzas is $22, so the delivery charge is $25 -22 = $3.

For $80, after subtracting the $3 delivery charge, $77 goes to the cost of pizzas. For that amount, $77/$11 = 7 pizzas will be delivered.

3 0

2 years ago

Desmond's Desserts made a batch of fresh scones with 2/3 of a pound of butter and 1/2 of a

NemiM [27]

$\frac{1}{6}$ or 0.167 pounds more butter was used than sugar

Solution:

Given that, Desmond's Desserts made a batch of fresh scones with 2/3 of a pound of butter and 1/2 of a pound of sugar

To find: Amount of butter used than sugar

From given information,

$\text{Butter used} = \frac{2}{3} \text{ pound }$

$\text{Sugar used } = \frac{1}{2} \text{ pound }$

To find how much butter is used than sugar, find the difference between them

$Difference = Butter\ used - Sugar\ used$

$Difference = \frac{2}{3} - \frac{1}{2}\\\\Difference = \frac{2 \times 2-1 \times 3}{3 \times 2}\\\\Difference =\frac{4-3}{6}\\\\Difference =\frac{1}{6} = 0.167\\\\$

Thus $\frac{1}{6}$ or 0.167 pounds more butter was used than sugar

5 0

3 years ago

What is the period of the graph of

julsineya [31]

I think it is 8 I’m pretty sure

4 0

2 years ago