Answer:
After 10 years, she will has $96 in her bank.
Step-by-step explanation:
It is given that Andrea's saving account is $80 and earns 2% interest per year as a <em>S</em><em>i</em><em>m</em><em>p</em><em>l</em><em>e</em><em> </em><em>I</em><em>n</em><em>t</em><em>e</em><em>r</em><em>e</em><em>s</em><em>t</em><em> </em>(Not Compounded). Using simple interest formula, Interest = (P×R×T)/100 where <em>P</em> is the <em>principal</em>, <em>R</em> is the <em>interest rate</em> and <em>T</em> is <em>number of years</em><em> </em>:
P = $80
R = 2%
T = 10 years
It is given that the interest amount is $16. So the total amount she has after 10 years in the bank is $96 :
interest amount = $16
principal = $80
total = $16 + $80
= $96
Answer:
y = 3
Step-by-step explanation:
Since the equation is parallel to the x-axis, it is a horizontal line, which means it has a slope of 0. Since anything times 0 is 0, that means x times 0 is 0, so we can take that out of the equation. That only leaves the y-intercept, which is 3. Substituting it into the equation, we get y = 3.
Hope this helps!
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Answer:
Sandwich sells for $4.76 .
Step-by-step explanation:
As given
It costs $2.80 to make a sandwich at the local deli shop.
To make a profit, the deli sells it at a price that is 170% of the cost.
170% is written in the decimal form
= 1.7
Thus
Sandwich selling cost = 1.7 × Cost of making
Put all the values in the above
Sandwich selling cost = 1.7 × $ 2.80
= $4.76
Therefore the Sandwich sells for $4.76 .
The value of the land after 11 years will be $2,903,175.
