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zimovet [89]
3 years ago
11

5. Mr. Rodriguez invests $2,000 in a savings plan. The savings account pays an annual interest rate of 5.75% on the amount he pu

t in at the end of each year. A. How much will Mr. Rodriguez earn if he leaves his money in the savings plan for 10 years?
Mathematics
1 answer:
slamgirl [31]3 years ago
4 0

Answer: $1150

Step-by-step explanation:

Simple interest is calculated as:

= Principal × Rate × Time

where,

Principal = $2000

Rate = 5.75%

Time = 10

Interest = 2000 × 5.75% × 10

= 2000 × 0.0575 × 10

= 1150

The amount earned will be $1150.

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Renee is simplifying the expression (7) (StartFraction 13 over 29 EndFraction) (StartFraction 1 over 7 EndFraction). She recogni
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Answer:

The correct option is commutative property.

Step-by-step explanation:

The expression that Renee is simplifying is:

(7)\cdot(\frac{13}{29})\cdot(\frac{1}{7})

It is provided that, Renee recognizes that 7 and \frac{1}{7} are reciprocals, so she would like to find their product before she multiplies by \frac{13}{29}.

The associative property of multiplication states that:

a\times b\times c=(a\times b)\times c=a\times (b\times c)

The commutative property of multiplication states that:

a\times b\times c=a\times c\times b=c\times a\times b

The distributive property of multiplication states that:

a\cdot (b+c)=a\cdot b+a\cdot c

The identity property of multiplication states that:

a\times 1=a\\b\times 1=b

So, Renee should use the commutative property of multiplication to find the product of 7 and \frac{1}{7},

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Thus, the correct option is commutative property.

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3 years ago
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Step-by-step explanation:

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Answer:

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