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
ladessa [460]
2 years ago
11

Interest earned: $84 Principal: 600 Interest rate: 7% Time: ?

Mathematics
2 answers:
olga2289 [7]2 years ago
6 0
If it simple interest it’s 2 years
Paul [167]2 years ago
4 0

Answer:

2 years

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 7%/100 = 0.07 per year,

then, solving our equation

t = 84 / ( 600 × 0.07 ) = 2

t = 2 years

The time required to

accumulate simple interest of $ 84.00

from a principal of $ 600.00

at an interest rate of 7% per year

is 2 years.

You might be interested in
You have a goal of saving to build up a nest egg of $625,357.24, and you are going to make regular deposits to an account that p
Delvig [45]

The monthly deposit required to save up to $625,357.24 (future value) in 40 years at a 7.2% APR is <u>$225.20</u>.

<h3>What is the monthly deposit?</h3>

The monthly deposits are the periodic savings that the investor must make to achieve future value.

The monthly deposit is compounded at the monthly annual percentage rate (APR).

We can compute the required monthly deposits using an online finance calculator as follows:

N (# of periods) = 480 months (40 years x 12)

I/Y (Interest per year) = 7.2%

PV (Present Value) = $0

FV (Future Value) = $625,357.24

<u>Results</u>:

Monthly Deposits (PMT) = $225.20

Sum of all periodic payments = $108,096 ($225.20 x 480)

Total Interest = $517,261.24

Thus, to save $625,357.24 in 40 years, you need to deposit <u>$225.20</u> monthly.

Learn more about periodic deposits (payments) at brainly.com/question/13031679

#SPJ1

6 0
1 year ago
How many real sixth roots are in 15,625?
Murljashka [212]

There are two real roots  (5 and -5) and 4 imaginary roots

3 0
3 years ago
F(x)=x^2. what is g(x)? point given is (4,1)
svetoff [14.1K]

Answer:

It is (a)

g(x) = (  { \frac{1}{4} x})^{2}

Step-by-step explanation:

I hope that is useful for you :)

6 0
2 years ago
What is 1x1 ande 1x2 1x3 1x4 1x5 1x6 1x7 1x8 1x9 1x10
Ann [662]

Answer:

1,2,3,4,5,6,7,8,9,10

Step-by-step explanation:

1 x 1 is always gonna be the number 1 is multiplied by

ex:

if the problem is 1 x 9 then it would be 9

5 0
3 years ago
Read 2 more answers
Write an expression.<br> 1 a. 49 divided by the difference of x and 2
Olin [163]

Answer:

x + 2

--------

49

Step-by-step explanation:

that's the answer

4 0
2 years ago
Read 2 more answers
Other questions:
  • What is 2 + 2 ? <br> Pls helpppppp
    8·1 answer
  • Factor the polynomial completely
    6·1 answer
  • What is the quantity proportional to 18/6
    9·1 answer
  • A bag contains six red and ten black marbles if you pick a marble from the bag what is the probability that the marble will be b
    9·1 answer
  • Find the perimeter of the triangle
    11·1 answer
  • Laura retired from her job recently, and she has saved about $414,731.00 over the course of her career. She plans to withdraw $2
    12·1 answer
  • CLEAR HIGHLIGHTING
    15·1 answer
  • Explain how to graph x=5
    9·2 answers
  • In a few sentences, describe what this weather map tells you about the weather.
    15·1 answer
  • Area of a composite figure​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!