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Nat2105 [25]
3 years ago
6

Algebraically manipulating the formula I = Prt, find the principal (PV) deposited in a savings account which earned $11,000 in i

nterest at a simple interest rate of
9.5% for 15 years to the nearest whole cent).

$7,312.07
$8,083.92
$7.719.30
$6,987.44
None of these choices are correct.
Mathematics
1 answer:
Softa [21]3 years ago
3 0

Answer: the required principal value is $7,719.30

Step-by-step explanation:

Given: Formula to calculate interest : I= Prt, P=principal value, r = rate of interest, t = time.

I = $11,000

r= 9.5% = 0.095

t= 15 years

Substitute in formula, we get

11000=(P)\times (0.095)\times(15)\\\\\Righatrrow\ P=\dfrac{11000}{0.095\times15}\approx\$7719.30

Hence, the required principal value is $7,719.30

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Can anyone check my answer?
MA_775_DIABLO [31]
I mean, it depends what type of math you're doing but I can try!
5 0
4 years ago
Deacon wants to order DVDs. Each DVD costs $12.95, and he must pay a shipping and handling fee of $4.95 for the entire order. De
Aneli [31]

Answer:

12.95x + 4.95 \leq 75

Step-by-step explanation:

Given

Represent number of DVDs with x

Each\ DVD = \$12.95

Handling\ Fee = \$4.95

Budget = \$75 (at most)

Required

Represent as an inequality

If Each\ DVD = \$12.95

x DVD would cost:

x\ DVDs = 12.95 * x

x\ DVDs = 12.95x

So, to make an order of x DVDs, Deacon will pay for

x DVDs and Handling Fee

So:

Payments = 12.95x + 4.95

Recall that his budget is at most $75

This implies that: \leq 75

So, the relationship between his payment and budget is:

12.95x + 4.95 \leq 75

7 0
3 years ago
Read 2 more answers
the product of two number is 42.they are two consecutive numbers. the two numbers are both less than 10. what is the answer?​
Serhud [2]

Answer:

6 and 7

Step-by-step explanation:

You first want to find the factors of 42. They are:

1,2,3,6,7,14,21,42

The factor pairs are:

  1. 1 & 42
  2. 2&21
  3. 3&14
  4. 6&7

The only factor pair with consecutive numbers is 6 and 7. They are both less than 10 as well, so 6 and 7 works.

6 0
3 years ago
Question 2 2 points)
kvv77 [185]

Answer:

8 yards

Step-by-step explanation:

8 yards

on first down it was first and 10 but gained 7

on second down it was second and 3 but lost 15

third down would be 3rd and 18

15-7=8

3 0
3 years ago
Suppose S and T are mutually exclusive events. Find P(S or T) if P(S) = 29% and P(T) = 49%.
Verdich [7]

Mutually exclusive means that the intersection of the events is empty: P(S and T) = 0.


P(S or T) = P(S) + P(T) = 29% + 49% = 78%


If events S, T are not mutually exclusive, then P(S or T) = P(S) + P(T) - P(S and T)

5 0
3 years ago
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