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3 years ago

Mr Baxter deposits 2,000 in an account that earns %5 simple interest how much is mr Baxter investment after 8 years?

Mathematics

1 answer:

ioda3 years ago

7 0

Answer:

$2,800

Step-by-step explanation:

The formula for simple interest is I = PRT, where I is the interest (earned or paid), P is the principal amount invested/borrowed, R is the rate in decimal form, and T is the time in years.

I = (2000)(0.05)(8)

I = $800

Then we add that to the principal to get $2,800

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Joey made a deposit into an account that earns 6% simple interest. After 3 years, Joey earned $400. How much was Joey's initial deposit?

I = PRT

400 = P(0.06)(3)

400 = 0.18P

P = $2,222. 22

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Peter is calculating the interest earned on a deposit of $275 in an account that earns 8% simple interest after 12 years. What is the ??? guessing interest earned?

I = PRT

I = (275)(0.08)(12)

I = $264

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Neil's grandmother has left him a small inheritance of $6,000. Neil would like to invest it at a rate of 5% interest. What is the simple???

I = PRT

I = (6000)(0.05)(T)

Please let me know if you have questions, or want to fill in the missing information on questions 3 & 4.

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George walks 1 mile to school. He leaves home at the same time each day, walks at a steady speed of 3 miles per hour, and arrive

alex41 [277]

Answer:

George must run the last half mile at a speed of 6 miles per hour in order to arrive at school just as school begins today

Step-by-step explanation:

Here, we are interested in calculating the number of hours George must walk to arrive at school the normal time he arrives given that his speed is different from what it used to be.

Let’s first start at looking at how many hours he take per day on a normal day, all things being equal.

Mathematically;

time = distance/speed

He walks 1 mile at 3 miles per hour.

Thus, the total amount of time he spend each normal day would be;

time = 1/3 hour or 20 minutes

Now, let’s look at his split journey today. What we know is that by adding the times taken for each side of the journey, he would arrive at the school the normal time he arrives given that he left home at the time he used to.

Let the unknown speed be x miles/hour

Mathematically;

We shall be using the formula for time by dividing the distance by the speed

1/3 = 1/2/(2) + 1/2/x

1/3 = 1/4 + 1/2x

1/2x = 1/3 - 1/4

1/2x = (4-3)/12

1/2x = 1/12

2x = 12

x = 12/2

x = 6 miles per hour

4 0

3 years ago

Jeremiah received $65 for his birthday and used part of it to buy 3 video games. The games cost the same amount, and he had $14

hram777 [196]

Jeremiah got $65 on birthday and spent some money on 3 video games and was left with $14.

He purchased 3 video games.

Let the cost one one video game be v.

The cost of each video game is same

So the cost of 3 video games is 3v.

Also he is left with $14 after paying for three games.

Hence

3v + 14 = 65

Subtracting 14 from both sides

3v + 14 -14 = 65-14

3v = 51

Dividing by 3 on both sides

v = 51/3

v = 17

Hence the cost of each video game is $17

5 0

3 years ago

Read 2 more answers

HELP PLEASE ASAP!! (10 pts)

Mandarinka [93]

Answer:

is there a question or picture?

8 0

3 years ago

Find QN. Please show all the work on how you got your answer

Effectus [21]

QN = 28

Solution:

Given MNPQ is a parallelogram.

QT = 4x + 6 and TN = 5x + 4

To find the length of QN:

Let us solve it using the property of parallelogram.

Property of Parallelogram:

Diagonals of the parallelogram bisect each other.

Therefore, QT = TN

⇒ 4x + 6 = 5x + 4

Arrange like terms together.

⇒ 6 – 4 = 5x – 4x

⇒ 2 = x

⇒ x = 2

Substitute x = 2 in QT and TN

QT = 4(2) + 6 = 14

TN = 5(2) + 4 = 14

QN = QT + TN

= 14 + 14

QN = 28

The length of QN is 28.

3 0

3 years ago

Is 4/7 24/35 perform<br> a ratio

uysha [10]

No. If 4x= 24 then x=6. 7 multiplied by 6 equals 42, not 35 so this is not a ratio.

5 0

3 years ago