1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vika [28.1K]
3 years ago
7

$5,000 at a simple annual interest rate of 6.5% for 5 years. What is the total amount of interest Ms. Lee must pay?

Mathematics
1 answer:
MaRussiya [10]3 years ago
3 0

Answer:

$6625

General Formulas and Concepts:

<u>Pre-Algebra</u>

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right<u> </u>

<u>Algebra I</u>

Simple Interest Rate Formula: A = P(1 + rt)

  • <em>P</em> is principle amount
  • <em>r</em> is rate
  • <em>t</em> is time (in years)

Step-by-step explanation:

<u>Step 1: Define</u>

<em>Identify variables</em>

<em>P</em> = 5000

<em>r</em> = 6.5% = 0.065

<em>t</em> = 5

<u>Step 2: Find Interest</u>

  1. Substitute in variables [Simple Interest Rate Formula]:                                 A = 5000(1 + 0.065 · 5)
  2. (Parenthesis) Multiply:                                                                                      A = 5000(1 + 0.325)
  3. (Parenthesis) Add:                                                                                             A = 5000(1.325)
  4. Multiply:                                                                                                             A = 6625
You might be interested in
Which is the slope of a line that is parallel to the line represented by the equation x-y=8
pychu [463]

Answer:

slope of parral line is same as slope of line its 1

5 0
2 years ago
Read 2 more answers
HELP ME NO RANDOM ANSWERS
liberstina [14]

Answer:

still need it?...........

6 0
3 years ago
Julien was involved in an accident in which he merged into another car, damaging the front fender of the other car. Julien is fu
Irina-Kira [14]

Answer:

Collision coverage pays for damage to your car resulting from a collision with another car, an object, such as a tree or telephone pole, or as a result of flipping over (note that collisions with deer are covered under comprehensive). It also covers damage caused by potholes.

Hope this helped. :)

4 0
3 years ago
HELP ILL GIVE U BRAINLESS I NEED THIS ANSWER FAST! I’ll make u art tol
lapo4ka [179]

1: 80% The reason why is because if you do 4/5, you get .80, move the decimals to places to the right, and you get 80%

2: 95% Process of Elimination, and Educated Guess.

3: 33 1/3% If you do 50/150, you get 0.33333... Like I said, move the decimal point two places to the right, and you get 33.33...%

<em>I hope this helps, and Happy Holidays! :)</em>

4 0
3 years ago
What is 625/1000 in the simplest form
Tatiana [17]
Your answer is 25/40 hope this helps ;)
3 0
3 years ago
Read 2 more answers
Other questions:
  • Liz is a student in Ms. Xu's class. Liz says to her classmates, "Of all the pairs of students Ms. Xu can choose as class leaders
    15·1 answer
  • What is 12.346 as a fraction? <br> Please help
    14·2 answers
  • What is sin 7 (3.14) /4
    14·2 answers
  • If 1ml equals 100mg, how much ml is 1mg?
    9·1 answer
  • Please help me!! Will mark Brainliest!!
    7·2 answers
  • For each of the following variables, identify the type of variable (categorical vs. numerical).
    7·1 answer
  • John threw 20 darts at the board. Only 7 hit the bullseye. What percent of darts hit the bullseye?
    11·1 answer
  • Create the f(x) function based on the table. Answer should be in function notation
    5·1 answer
  • write the possible range of the measurement 214 ounces +1.2% round to the nearest hundredth if necessary
    9·1 answer
  • Find the value of the question mark.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!