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Keith_Richards [23]
3 years ago
7

If Lana deposits $500 into a savings account that gains simple interest at

Mathematics
1 answer:
Oksana_A [137]3 years ago
3 0

Answer:

10 years

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

t = 100 / ( 500 × 0.02 ) = 10

t = 10 years

The time required to

accumulate simple interest of $ 100.00

from a principal of $ 500.00

at an interest rate of 2% per year

is 10 years.

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Mario invests £2000 for 3 years at 5% per annum compound interest. Calculate the value of the investment at the end of 3 years.
Delicious77 [7]

Answer:

$2315.25

Step-by-step explanation:

Given data

Principal=  £2000

Time= 3 years

Rate= 5%

The compound interest expression is

A= P(1+r)^t

substitute

A= 2000(1+0.05)^3

A= 2000(1.05)^3

A= 2000*1.157625

A= 2315.25

Hence the Amount is $2315.25

7 0
3 years ago
Tony solves the linear equation 3(x - 3) + 2x + 9 = 2x + 2(x - 1) using the step shown below.
Natasha_Volkova [10]

Answer:

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8 0
3 years ago
Are 27/4 and 32/3 equivalent fractions?
Blababa [14]

Answer:

no

Step-by-step explanation:

27/4 = 54/8 = 81/12 = 108/16

= 135/20 = 162/24 = 189/28 = 216/32

= 243/36 = 270/40 = 297/44 = 324/48

= 351/52 = 378/56 = 405/60 = 432/64

= 459/68 = 486/72 = 513/76 = 540/80

= 567/84 = 594/88 = 621/92 = 648/96

= 675/100 = 702/104 = 729/108 = 756/112

= 783/116 = 810/120 = 837/124 = 864/128

= 891/132 = 918/136 = 945/140 = 972/144

= 999/148 = 1026/152 = 1053/156 = 1080/160

= 1107/164 = 1134/168 = 1161/172 = 1188/176

= 1215/180 = 1242/184 = 1269/188 = 1296/192

= 1323/196 = 1350/200 = 1377/204 = 1404/208

= 1431/212 = 1458/216 = 1485/220 = 1512/224

= 1539/228 = 1566/232 = 1593/236 = 1620/240

= 1647/244 = 1674/248 = 1701/252 = 1728/256

= 1755/260 = 1782/264 = 1809/268 = 1836/272

= 1863/276 = 1890/280 = 1917/284 = 1944/288

= 1971/292 = 1998/296 = 2025/300 = 2052/304

= 2079/308 = 2106/312 = 2133/316 = 2160/320

= 2187/324 = 2214/328 = 2241/332 = 2268/336

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= 2403/356 = 2430/360 = 2457/364 = 2484/368

= 2511/372 = 2538/376 = 2565/380 = 2592/384

= 2619/388 = 2646/392 = 2673/396 = 2700/400

8 0
2 years ago
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The area of Hawaii is 40.47x100 square kilometers. What is Hawaii's area?
Gemiola [76]

40.47×100=4047 so just multiply it and the the answer is 4047

7 0
3 years ago
Another question I'm stuck on
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