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Anvisha [2.4K]
3 years ago
15

How much simple interest would be earned on a certificate of deposit worth

Mathematics
1 answer:
Thepotemich [5.8K]3 years ago
7 0

Answer:

Interest = $208

Step-by-step explanation:

At the end of 5 years, your savings will have grown to $2,208.

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5 0
3 years ago
for the past five months kaias gift shop had these profits or losses $120, $85, -$35 and 40$ what was her average profit or loss
Montano1993 [528]
Average amount is 52.5
7 0
3 years ago
Candice is decorating a ballroom ceiling with garland. The width of the rectangular ceiling is 30 meters and the diagonal distan
Vsevolod [243]

Answer:

16 meters

Step-by-step explanation:

Candice is decorating a ballroom ceiling with garland. The width of the rectangular ceiling is 30 meters and the diagonal distance from one corner to the opposite corner is 34 meters. How much garland will Candice need for the length of the ceiling

The formula to solve for the above question is:

Diagonal² = Width² + Length²

34² = 30² + L²

Collect like terms

L² = 34² - 30²

L = √34² - 30²

L = √(256)

L = 16 meters

Therefore, the length of the ceiling is 16 meters

5 0
3 years ago
Ayana has 220 coins in her piggy bank Of those 40percent are pennies. Out of the coins that are not pennies 25 percent are partn
Rzqust [24]
To find a percent of a number, multiply the percent by the number.

First we find the number of pennies.

40% of 220 =

= 40% * 220

= 0.4 * 220

= 88

88 coins are pennies.

220 - 88 = 132

132 coins are not pennies.

Now we find 25% of 132.

25% of 132 =

= 25% * 132

= 0.25 * 132

= 33

33 coins are partners.

(Did you mean quarters instead of partners?)
3 0
4 years ago
Marissa deposited $3,900 into a savings account. How much will Marissa have in her account after 7 years and 6 months at a yearl
REY [17]

Marissa wants to know how much she would make using the simple interest calculation.

She will have $4,432.35

Given data

Principal = $3,900

Time = 7 years 6 months = 7.5 years

Rate = 1.82%

I = A - P = $532.35

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 1.82%/100 = 0.0182 per year.

Solving our equation:

A = 3900(1 + (0.0182 × 7.5)) = 4432.35

A = $4,432.35

The total amount accrued, principal plus interest, from simple interest on a principal of $3,900.00 at a rate of 1.82% per year for 7.5 years is $4,432.35.

Learn more about simple interest here:

brainly.com/question/20690803

3 0
2 years ago
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