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3 years ago

Find the simple interest earned

Mathematics

1 answer:

Kitty [74]3 years ago

6 0

Answer:

SI = $1,200 ; A = $6,200

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year,

then, solving our equation

I = 5000 × 0.03 × 8 = 1200

I = $ 1,200.00

The simple interest accumulated

on a principal of $ 5,000.00

at a rate of 3% per year

for 8 years is $ 1,200.00.

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Solve for the exact value of x.

forsale [732]

A² + b² = c²
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3 years ago

Read 2 more answers

What is the slope of the line?

xeze [42]

Answer:

1/3

Step-by-step explanation:

Slope is rise over run.

Pick a point and count how many steps up and how many steps to the right you need to make to get to the next point. That's how you find slope.

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2 years ago

Equivalent ratio tables

RoseWind [281]

Answer:

11, 44, 24

Step-by-step explanation:

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3 years ago

In a Gallup poll of randomly selected adults, 66% said that they worry about identity theft. For a group of 1013 adults, the mea

Kazeer [188]

Answer:

$Mean = 344$

Step-by-step explanation:

Given

$Population = 1013$

Let p represents the proportion of those who worry about identity theft;

$p = 66\%$

Required

Mean of those who do not worry about identity theft

First, the proportion of those who do not worry, has to be calculated;

Represent this with q

In probability;

$p + q = 1$

Make q the subject of formula

$q = 1 - p$

Substitute $p = 66\%$

$q = 1 - 66\%$

Convert percentage to fraction

$q = 1 - 0.66$

$q = 0.34$

Now, the mean can be calculated using:

$Mean = nq$

Where n represents the population

$Mean = 1013 * 0.34$

$Mean = 344.42$

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