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marshall27 [118]
3 years ago
15

If you invest 3,500 in a savings account that pays 4% simple interest how much will the new balance be after including interest?

Mathematics
1 answer:
garik1379 [7]3 years ago
8 0

Answer:

New balance = 3640

Step-by-step explanation:

Given the following data;

Interest rate = 4% = 4/100 = 0.04

Principal = 3500

To find the new balance;

First of all, we would find the amount at the interest rate;

New amount = interest rate * principal

New amount = 0.04 * 3500

New amount = 140

Now, to find the new balance;

New balance = principal + new amount

New balance = 3500 + 140

New balance = 3640

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4 years ago
Solve the proportion for n.<br> 1260/20=n/1
zzz [600]

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Step-by-step explanation:

1260/20 = n/1

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Read 2 more answers
2x + 5y = 6
Snezhnost [94]

Step-by-step explanation:

Given equations

2x + 5y = 6 .......i)

2x = 10 - 3y...... II)

Putting 2x = 10 - 3y in equation i

10 - 3y + 5y = 6

2y = 6 - 10

2y = - 4

y = - 4 / 2

y = - 2

Now putting y = - 2 in equation ii

2x = 10 - 3 * ( - 2)

2x = 10 + 6

2x = 16

x = 16 / 2

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So x = 8 and y = - 2

Hope it will help :)❤

7 0
3 years ago
HELP! PLEASE!
lidiya [134]

Answer:

The unit price is the cost per unit of an item or the cost/price for each item.

1) 4$ per pound. By simplifying the proportion (constant ratio) between the cost, and the pounds of apples. 3 pounds of apples cost 12$ → 3/3 pounds of apples cost 12/3$ → 4 dollars for every pound.

2) 2$ per pound. By evaluating the rate of change (change in the y over x or dependent variable over independent) in the equation: y = 2x. y is the cost in dollars, and x is the pounds of apples. So there are 2 pounds (weight) of apples for every dollar.

3) 3$ per pound. Given a graph with a y scaled by 3, and an x scaled by 1 with a graph y = x or 1 unit up for every unit right. This must be equivalent to y = 3x. Where y is labeled as the cost in dollars, and x as the weight in pounds. So there are 3 dollars for every pound of apples.

4) Store B. Because 2 is less than 3 which is less than 4.

7 0
2 years ago
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