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vfiekz [6]
3 years ago
11

Mrs. Adams deposited $12,000 into an account that earns an annual simple interest rate of 3.25%. She makes no other deposits or

withdrawals.
How much interest will Mrs. Adams have earned at the end of 8 years?
$31,200.00
Mathematics
1 answer:
lisabon 2012 [21]3 years ago
7 0

Answer:

<em>Mrs. Adams will earn $3,120 of interest at the end of year 8.</em>

Step-by-step explanation:

<u>Simple Interest</u>

In simple interest, the money earns interest at a fixed rate, assuming no new money is coming in or out of the account.

We can calculate the interests earned by an investment of value A in a period of time t, at an interest rate r with the formula:

I=A.r.t

Mrs. Adams deposited an amount of A=$12,000 into an account that earns an annual simple interest rate of r=3.25%. We must find the interest earned in t=8 years. The interest rate is converted to decimal as:

r=3.25/100=0.0325

The interest is then calculated:

I=12,000\cdot 0.0325\cdot 8=3,120

Mrs. Adams will earn $3,120 of interest at the end of year 8.

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For all odd digits to be used, there are 5 possibilities for the 1st digit (1,3,5,7,9), 4 for the 2nd, 3 for the 3rd, 2 for the 4th. This gives a total of (5)(4)(3)(2) = 120 codes that only use odd digits.
Therefore there are 5040 - 120 = 4920 codes that do not consist of all odd digits. The probability is 4920/5040 = 41/42.

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3 years ago
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Answer:

The Triangle Is A Right Triangle Because 5^2 + 12^2 = 13^2.

Step-by-step explanation:

5^2 = 25. 12^2 = 144. With the Pythagorean theorem, (a^2 + b^2 = c^2), 5 is a, 12 is b, and 13 is c.

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2 years ago
Can you also please explain, I need this done very fast
miv72 [106K]
15) a) -3 and -4

-3(-4) = 12 (two negative numbers multiplied or divided together = positive answer)

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3 years ago
Simplify (2x - 2y) (2y + 8) =?
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Answer:

it is 4xy-4y^2+16x-16y

Step-by-step explanation:

My method is to "square them"

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