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son4ous [18]
3 years ago
8

Tammy deposits 800$ into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in th

e first 6 years?
Mathematics
2 answers:
alexandr402 [8]3 years ago
8 0
6% of $800 = $48

$48 x 6 years = $288

Answer : $288
STALIN [3.7K]3 years ago
4 0
6% of $800 =$48


$48 x 6years = $288
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Rich also has £400 pounds invest 3% compound interest . How many years does he need to invest the money to get at least £475
zepelin [54]

Answer: 6 years

Step-by-step explanation:

Formula to calculate compound amount: A=P(1+r)^t, where P= Principal , r=rate of interest, t= time

Given: P = £400, r = 3% = 0.03 , A= 475

Required equation: 400(1+0.03)^t\geq475

400(1.03)^t\geq475\\\\\Rightarrow\ (1.03)^t\geq\dfrac{475}{400}\\\\\Rightarrow\ (1.03)^t\geq1.1875

Taking log on both sides , we get

t \log 1.03\geq\log1.1875\\\\\Rightarrow\ t(0.0128372)\geq(0.0746336)\\\\\Rightarrow\ t\geq\dfrac{0.0746336}{0.0128372}=5.81385\approx6

Hence, he needs to invest the money for 6 years to get atleast £475.

7 0
2 years ago
The price of a baseball ticket at Yankee Stadium is 21⁄4 times the original price of a ticket at $60. What is the price of the t
Anon25 [30]
C. $135, 1/4 of 60 is 15 and add that on top of 60x2
7 0
3 years ago
Help me plz!!!!!!!!!!!
Elena-2011 [213]
Vinegar*16=water
water/16=vinegar

A.
if vinegar is 1/4 then
1/4 times 16=4=water
4 cups



B. 8oz=1cup
80 oz water
water/16=vinegar
80/16=5oz=vinegar
5oz

C.
1qt vinegar
1 times 16=16
16 quart water
find total
vinigar+water=1+16=17 quarts
3 0
3 years ago
Which Go With Each Other ? Will Reward Brainliest
Kisachek [45]
-13 +3x +8 = 3x + (-5)

-9x + 15 - x -10 = -10 x + 5

The other two don't match
3 0
3 years ago
you want to deposit $15,000 in a bank at an interest rate of 7% per year what is the future value of this money after 3 years
Assoli18 [71]
AMOUNT DEPOSITED: $15k ($15,000)
INTEREST RATE PER YEAR: 0.07% (7%)

STEPS:
→Multiply the amount deposited ($15k) by the interest rate per year (7%).
15,000 * 0.07
= $1,050 (interest earned in 1 year)

→Multiply the interest earned from the first year ($1,050) by the amount of years that you want to calculate (3 years)
$1,050 * 3
=3,150 (interest earned in 3 years)

→ Add the interest earned (in 3 years, in this particular equation) to the amount that you deposited ($15k)
$15,000 + $3,150
=$18,150

FINAL ANSWER: $18,150
5 0
3 years ago
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