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2 years ago

Boris currently has a savings account. He saves $25 per month.

Mathematics

1 answer:

BabaBlast [244]2 years ago

7 0

Answer:

Boris will have $250 in 10 months.

Step-by-step explanation:

$25 = one month.

$250= ?months

To find ?, the months we divide 250 by 25 to get this:

250 ÷ 25 = 10

10 months is the amount of time Boris will have to wait until he saves up $250.

Hope this helps you! Good luck with your quiz! :)

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Find the annual interest rate.

slega [8]

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Given Interest (I) = $26.25

Principal (P) = $500

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Rate of interest (r) = ?

Time must be in years to find the rate per annum.

1 year = 12 months

Divide the time by 12.

Time (t) = $\frac{18}{12}=\frac{3}{2}$ years

Now, find the rate of interest using simple interest formula.

Simple interest formula:

$$I=\frac{Prt}{100}$

$$26.25=\frac{500\times r\times \frac{3}{2} }{100}$

$$26.25\times 100 =500\times r\times \frac{3}{2}$

$$2625 =250\times r\times 3$

$$2625 =750\times r$

$$\Rightarrow r=\frac{2625}{750}$

⇒ r = 3.5%

Hence the annual interest rate is 3.5%.

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A ship is carrying gold bars and silver bars in the ratio 13:17. The ship's load

andreyandreev [35.5K]

Using proportions, considering the weight of each bar and the ratio, it is found that the ship is carrying 52 gold bars.

<h3>What is a proportion?</h3>

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

Each bar weighs 5 kg, and the total weight is of 600 kg, hence the number of bars is given by:

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The proportion of gold bars is given by:

p = 13/(13 + 17) = 13/30

Hence, out of 120 bars, the number of gold bars is given by:

nG = 120 x 13/30 = 4 x 13 = 52.

More can be learned about proportions at brainly.com/question/24372153

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