All categories

2 years ago

Find the simple interest accrued on a $500 investment made for 2 years at an interest rate of 8% per year.

Mathematics

1 answer:

Artemon [7]2 years ago

3 0

Answer:

3,125 i think sorry if this is incorrect....

Step-by-step explanation:

Answer:

P = $ 3,125.00

Equation:

P = I / rt

Calculation:

First, converting R percent to r a decimal

r = R/100 = 8%/100 = 0.08 per year,

then, solving our equation

P = 500 / ( 0.08 × 2 ) = 3125

P = $ 3,125.00

The principal required to

accumulate interest of $ 500.00

on a rate of 8% per year for 2 years is $ 3,125.00.

You might be interested in

How do i simplify this

Ray Of Light [21]

<h3>I'll teach you how to solve sqrt 150</h3>

---------------------------------------------------------

sqrt 150

Prime factorization:

sqrt 2*3*5^2

Apply radical rule:

sqrt 2*3 sqrt 5^2

Apply radical rule:

sqrt 2*3 *5

Multiply the numbers:

$5\sqrt{6}$

Your Answer Is (C) $5\sqrt{6}$

plz mark me as brainliest :)

7 0

3 years ago

Read 2 more answers

Need the answer asap!!!

aalyn [17]

Answer:

13b-12a+5 (so the last one)

Step-by-step explanation:

b-6a+12b-6a+5

13b-12a+5

5 0

2 years ago

A small box can hold 5 chocolates and a big box can hold 12 chocolates. A factory produces 600 chocolates and packs them into bo

stepan [7]

Answer:

Answer to B - 20

480 + 96 = 600

Step-by-step explanation:

12 x 40 = 480

5 x 4 = 20

3 0

2 years ago

1. Which of the following equations would NOT contain the point (4,12)?

vodka [1.7K]

Answer:

the answer is b hope this helps :)

6 0

2 years ago

An equation of the perpendicular bisector of the line segment with end points (3,0) and (-3,0) is

Norma-Jean [14]

Answer:

$x = 0$

Step-by-step explanation:

Given

$(x_1,y_1) = (3,0)$

$(x_2,y_2) = (-3,0)$

Required

The equation of the perpendicular bisector.

First, calculate the midpoint of the given endpoints

$(x,y) = 0.5(x_1 + x_2, y_1 + y_2)$

$(x,y) = 0.5(3-3, 0+ 0)$

$(x,y) = 0.5(0, 0)$

Open bracket

$(x,y) = (0.5*0, 0.5*0)$

$(x,y) = (0, 0)$

Next, determine the slope of the given endpoints.

$m = \frac{y_2 - y_1}{x_2 - x_1}$

$m = \frac{0 - 0}{-3- 3}$

$m = \frac{0}{-6}$

$m = 0$

Next, calculate the slope of the perpendicular bisector.

When two lines are perpendicular, the relationship between them is:

$m_2 = -\frac{1}{m_1}$

In this case:

$m = m_1 = 0$

So:

$m_2 = -\frac{1}{0}$

$m_2 = unde\ fined$

Since the slope is $unde\ fined$ , the equation is:

$x = a$

Where:

$(x,y) = (a,b)$

Recall that:

$(x,y) = (0, 0)$

So:

$a = 0$

Hence, the equation is:

$x = 0$

5 0

2 years ago