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
scoray [572]
2 years ago
6

Julio invest $15,000 in a savings account that pays 1.5% simple interest. How much will be in the

Mathematics
1 answer:
Serggg [28]2 years ago
3 0

Answer: Final amount

Step-by-step explanation:

Final amount = Simple interest + Principal

=Principal x Rate x Time + Principal

= Principal (Rate x Time +1)    [Simple interest =Principal x Rate x Time]

 

Given: Principal = $15,000, Rate = 1.5% = 0.015  [To conver % into decimal we divide it by 100]

Time = 5 years

Final amount = $(15000(0.015 ×5+1))

=$ (15000×1.075)

=$ 16125

Hence, there will be $16,125 in the account after 5 years  if Julio makes no withdrawals or deposit.

You might be interested in
Please Help FAST
Aneli [31]

Answer:

Step-by-step explanation:

1) 2x -y = 1 -------1

3x - y = -6 ------2

Subtract eqn 2 from eqn 1

-x = 1--6 = 7

x = -7

Put x= -7 in eqn 1

2*-7-y = 1

-14-y = 1

- y = 15

y = -15

2) 4x +2y = 10------1

y = 4x + 2--------2

Put eqn 2 in eqn 1

4x + 2 ( 4x+ 2) = 10

4x + 8x + 4 = 10

12x = 6

x = 6/12 = 1/2

Put x = 1/2 in eqn 2

y = 4* 1/2 + 2= 2 + 2

= 4

3) 6x - y = 2------1

y = 3x + 4---------2

Put eqn 2 in eqn 1

6x - (3x +4) = 2

6x - 3x - 4 = 2

3x = 6

x = 2

y = 3*2 + 4 = 6 + 4

= 10

6 0
3 years ago
Jill is making lemonade. The original concentration was 25 mL of concentrate to 2 L of water. People found that too strong so sh
Harlamova29_29 [7]
100%= 25mls

20/25 x 100 = 80%

100%-80%= 20%
4 0
3 years ago
Read 2 more answers
3 out of 4 students like to eat breakfast at school. What percent of students like to eat breakfast?
melomori [17]

Answer:

The answer is that 75% of the student like to eat breakfast.

6 0
2 years ago
Read 2 more answers
NEED NOW ASAP!
Umnica [9.8K]

Answer:

A

Step-by-step explanation:

imagine the shape is flipped and standing up. that's how you can compare both images.

4 0
3 years ago
Two minor league baseball players got a total of 214 hits. Washington had 20 more hits than Sanchez.find the number of hits for
Lelu [443]

Answer:

Sanchez-97

Washington-117

Step-by-step explanation:

3 0
1 year ago
Other questions:
  • I NEED HELP PLEASE!!
    9·1 answer
  • Which algebraic expression is a polynomial with a degree of 5?
    9·2 answers
  • What fraction strips could you make if you started with a fourths strip?
    13·1 answer
  • Another geometry question :D
    8·2 answers
  • What is the range of the following function
    8·1 answer
  • What is 3/10 x 3 =? <br><br> Please help!
    14·1 answer
  • Which of the following represents a fixed location in space.
    15·2 answers
  • In which number is the value of the 5 ten time the value of the 5 in 10.059
    6·1 answer
  • What is the result of subtracting a number greater than -3 and less than -2 from a number greater than 1 and less than 6
    5·1 answer
  • A taxi service offers a ride with an $5 sub charge and charges 0.50 per mile
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!