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hichkok12 [17]
3 years ago
9

Find the simple interest earned on a deposit of $2,800 that earns 2% annual interest after 5 years.

Mathematics
1 answer:
valkas [14]3 years ago
8 0

Answer:

$280

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 2800 × 0.02 × 5 = 280

I = $ 280.00

The simple interest accumulated

on a principal of $ 2,800.00

at a rate of 2% per year

for 5 years is $ 280.00.

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Anuta_ua [19.1K]
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2 1/3 divided by y= -1.27272727<br> what does y equal
Semmy [17]

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-1.83337261989

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3 years ago
Please I'm GIVING 40 POINTS FOR REAL ANSWER
Charra [1.4K]

Answer:

x = 14

< A = 58 degrees

< B = 52 degrees

< C = 70 degrees

Step-by-step explanation:

Recall that the addition of the three internal angles of a triangle must render 180 degrees, then we can write:

<A + <B + <C = 180

and now replace with the algebraic expressions given for each angle:

2(x + 15) + 3 x + 10 + 5 x = 180

eliminate parenthesis

2 x + 30 + 3 x + 10 + 5 x = 180

combine like terms

10 x + 40 = 180

subtract 40 from both sides

10 x = 140

divide both sides y 10 to isolate x

x = 14

Now that we know x, we can calculate each of the angles using the fiven expressions:

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3 0
3 years ago
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Select all that apply. Select the formulas that give the amount P in the account after the first period.
Lisa [10]

Options :

a.) P=1.005Po

b.) P=1.02Po

c.) P=Po(0.02/4)

d.) P=Po(4.02/4)

e.) P=Po(1+ 0.02/4)

Answer:

a.) P=1.005Po

d.) e.) P=Po(1+ 0.02/4)

Step-by-step explanation:

From the compound interest formula:

P = P0(1 + r/n)^t

Rate = 2% = 2/100 = 0.02

n = Number of compounding times per period, quarterly ; n = (12 /3) months

P = P0(1 + 0.02/4)^1

P = p0(1 + 0.02/4)

Simplifying further :

P = P0(1 + 0.005)

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4 0
3 years ago
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