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
Zanzabum
3 years ago
10

Your account has $600 and earns simple interest at

Mathematics
1 answer:
MatroZZZ [7]3 years ago
7 0

Step-by-step explanation:

Simple interest , I, is calculated by multiplying the principal, P, by the rate,r, by the time, t, in years:

I = P * r * t

Here, P = $600

r = 0.05 (decimal value for 5%)

t = 2 years

Part a)

The interest earned will be:

I = P * r * t

I = 600 * 0.05 * 2

I = $60

Part b)

The balance in the account will be $600 plus the interest earned or:

$600 + 60 = $660

You might be interested in
I've been asking this question for 3 days, can someone please help me. I need to do all my math work before I can start ice skat
Alenkasestr [34]

Answer:

Step-by-step explanation:

If two polygons (in this case triangles) are similar, the ratio of their corresponding sides is constant (SSS)

If two polygons have equal corresponding angles, they are similar (AA)

If two polygons have two corresponding similar sides and the corresponding angle in between the sides are equal, the two polygons are similar (SAS)

Using this info, we can decide whether the triangles are similar or not

----------------------------------------------------------------------------------------------------------------

I have uploaded #5 and #8

5 0
3 years ago
What is 6 divided by 0.12
wolverine [178]

Answer:

50

Step-by-step explanation:

6/0.12=50

7 0
3 years ago
5.
Bogdan [553]

<u>Answer:</u>

The present value of 10,000 if  interest is paid at a rate of 6.2% compounded  weekly for 8 years is 6097.56

<u>Explanation:</u>

We know that compound interest is given by  

A=P\left(1+\frac{r}{n}\right)^{n t}

Where ,  

Where A = final amount (which is given to be = 10000)

       P = Principal amount (which is the present amount which we have to find)

r  = interest rate = 6.2 = 0.062

n = no. of times interest applied per time period = it is given that the interest is applied weekly, so in one year there are 52 weeks so n = 52

t = time period = 8 years

Substituting the given values, we get

10000=\mathrm{P}\left(1+\frac{6.2}{52}\right)^{52\times 8}

P = 6097.5

We get, P = 6097.56 which is the present value of a sum of money

3 0
3 years ago
A pakage of 5 pairs of inclated gloves cost $29.45 what is the unit costof the pairs of gloves
castortr0y [4]
I'm not entirely sure of your question, but I'll try to answer haha. If you're asking what the unit would be for a pair of gloves, it would still be in dollars. If you're asking how much one pair of gloves costs, you would divide the total number (29.45) by the number of items you have (5 pairs). Your answer is $5.89 for a pair of gloves. Hope this helps, but sorry if it doesn't!
3 0
4 years ago
On a map, 90 miles is represented by 3 inches.
zepelin [54]
Hello!

3 inches equals 90 miles

We have to find what multiplied by 3 is 1/2

we can do 3 / 1/2 to find this

3 / 0.5 = 6

So they divide it by 6

We do 90/6

90/6 = 15

The answer is 15

Hope this helps!
7 0
4 years ago
Other questions:
  • 5000 equal how many hundreds
    14·1 answer
  • Evaluate the permutation P(8,3)
    9·1 answer
  • Find the perimeter of the figure.
    7·1 answer
  • What is the solution to this equation? 6x+4=4x−2 Enter your answer in the box.
    5·2 answers
  • How do you solve 3(1+5)
    11·2 answers
  • Order from least to greatest<br><br> 0.0015 <br> 0.0150 <br> 0.1050<br> 0.0050
    10·2 answers
  • 5) True or False: Absolute Value can never be negative * O True False​
    8·1 answer
  • A._x2 _ 25<br> How do you do this
    7·1 answer
  • You don’t know how important this is Please help me!!
    8·1 answer
  • I need help(!) I appreciate a good explanation so I can understand it too (!)
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!